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Presented by
Robert & Christine Teodosio |
High-Visibility Commercial Investment Opportunity - Whitney Avenue Positioned in a heavily traveled corridor, this well-maintained mixed-use property offers strong, reliable income with upside potential. The building is fully leased to two established tenants, both secured through September 30, 2026. The street-level retail space is occupied by a busy Asian restaurant serving dine-in and takeout customers (business not included), ensuring consistent foot traffic and visibility. Above, a spacious three-bedroom residential unit features a full kitchen, open living/dining area, and a bathroom with stall shower-ideal for steady rental income. The property includes parking for approximately 12 vehicles, a valuable asset in this high-demand location. A standout feature is the oversized two-car garage, previously outfitted for a catering operation. Existing catering equipment is available for separate purchase, presenting a turnkey opportunity for an owner-user or additional revenue stream. (Note: All restaurant equipment is owned by the current tenant. ) This is a rare opportunity to acquire a fully occupied, income-generating asset in a prime location with built-in flexibility for future business use. No Showings on Mondays Business is closed.
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$550,000
Sales Associate
William Raveis Real Estate
Phone: 203.710.8877
Robert.Teodosio@raveis.com
VP, Mortgage Banker / Production Manager
William Raveis Mortgage, LLC
Phone: 203.305.5736
Kevin.DeTullio@Raveis.com
NMLS Mortgage Loan Originator ID 1724767
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $1,229 | $1,229 | $1,229 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,635 | $2,745 | $3,593 |
| Total Monthly Payment | $3,956 | $4,066 | $4,914 |
* 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.