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Offered for sale is a 3, 486 SF professional office building located on highly visible Middle Country Road (Route 25) in Ridge, New York. The property features four units (A–D) with a combined owner-user suite of approximately 1, 800 SF, plus additional lease-up upside, making this an ideal opportunity for both owner-occupants and investors. The building is zoned J4 Business, permitting a wide range of professional and business office uses including medical, financial, and service-oriented occupancies. The site provides 21 on-site parking spaces and excellent signage exposure along one of Suffolk County’s primary commercial corridors. In-Place & Pro Forma Financials (Taxes Only) Double Net: Asking Price: $1, 000, 000 Gross Potential Rent: Pro forma at ~$26. 00/SF Real Estate Taxes (2025): $17, 545. 90 Net Operating Income: $72, 359. 10 Cap Rate @ Asking Price: 6. 0% Traffic & Exposure: NYSDOT Traffic Data (COSIT 070040000000) for Middle Country Road (Route 25) reports: AADT: 7, 528 (2023 Actual) AADT: 7, 131 (2024 Estimated) Truck Percentage: 6% This confirms consistent daily traffic volumes supporting strong visibility and tenant demand along the Route 25 corridor. Investment Highlights: Hybrid owner-user / value-add profile Route 25 frontage with NYSDOT-verified traffic counts Flexible J4 zoning Strong Long Island professional office market Near-term vacancy upside with stabilized cash flow potential
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Our Executive Mortgage Banker:
$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $1,412 | $1,412 | $1,412 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,975 | $4,310 | $5,907 |
| Total Monthly Payment | $5,479 | $5,814 | $7,411 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.