118-120 Shore Road, Old Westbury, NY, 11050 | $15,000

Perfectly positioned along Shore Road, directly across from the Soundview Shopping Center in Port Washington, this bright and expansive 5, 500 square foot ground-floor space presents an exciting opportunity for medical, wellness, fitness, specialty retail, or service-based businesses. With excellent visibility and a steady flow of local traffic, this location offers the kind of presence that helps businesses thrive. A standout feature is the convenience of 10 dedicated on-site parking spaces right in front—an invaluable amenity for both customers and staff. Inside, the space boasts 10-foot ceilings and a flexible, open layout that can easily be customized to suit a variety of uses. Two handicap-accessible bathrooms are already in place, making it especially well-suited for medical or high-traffic operations. Surrounded by affluent residential neighborhoods in one of the North Shore’s most desirable communities, this location offers both accessibility and a built-in customer base. Whether launching a new concept or expanding an existing one, this is a rare opportunity to establish a strong presence in Port Washington. Landlord pays for water. Tenant responsible for other utilities and buildout. Plans subject to landlord approval prior to municipal submission.

Features

  • Property Type: Mixed Use
  • Construction: Brick
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Trash Collection Public
  • Parking: 10-car, Assigned
  • Levels: 2
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Units: 1
  • Year Built: 1948
  • Acreage: 0.14
  • Est. Taxes: $0
  • Lease Term Type: Over 12 Months
  • MLS#: 980341
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/980341/118120shoreroad_oldwestbury_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Michelle PaviaSales Associate

203.415.7403

Michelle.Pavia@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Laurie BergerVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 12578

203.520.1925

Laurie.Berger@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Rosemarie DePasqualeInsurance Sales Director, William Raveis Insurance

203.561.0013

Rosemarie.DePasquale@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

118-120 Shore Road, Old Westbury, NY, 11050

$15,000

Michelle Pavia

Sales Associate

William Raveis Real Estate

Phone: 203.415.7403

Michelle.Pavia@raveis.com

Laurie Berger

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.520.1925

Laurie.Berger@raveis.com

NMLS Mortgage Loan Originator ID 12578

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $12,000 $12,000 $12,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.275% 6.410% 5.595%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $70 $74 $97
Total Monthly Payment $145 $149 $172

* 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.