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The "heart of New Hyde Park" near Hillside Avenue)is a high-demand retail corridor. Recent market activity shows: Turnkey Spaces: Fully built-out restaurant spaces in Nassau County. Mechanicals & Upgrades: Having brand-new equipment and store mechanicals is a major selling point, as it eliminates the immediate $100k+ capital expenditure often required for New York food service permits and build-outs. Rare Opportunity: High-Traffic Turnkey Business in the Heart of New Hyde Park Position your business for immediate success in one of Nassau County’s most sought-after retail corridors. Located at 3336 Hillside Ave, this fast-food opportunity offers a strategic advantage for an owner-operator looking to bypass the headaches of New York build-outs and start generating revenue from Day 1. Why This Location? Prime Corridor: Situated in the high-demand "heart of New Hyde Park, " your business will benefit from consistent vehicle and pedestrian traffic along the Hillside Avenue corridor. Move-In Ready: While typical Nassau County asset sales for built-out restaurant spaces range from $200k to $500k, this listing at $149, 000 provides an aggressive entry point into a competitive market. Technical & Financial Advantages Zero Capital Lag: Forget the typical $100, 000+ capital expenditure and the months of waiting for New York food service permits. This space features brand-new equipment and mechanicals, allowing you to focus your capital on marketing and growth rather than construction. Premium Mechanical Specs: The facility is equipped with high-capacity HVAC and upgraded electrical panels—essential infrastructure that experienced chefs and operators value to ensure peak performance during high-volume hours. Parking & Accessibility: In a region where parking can make or break a food business, this location offers dedicated capacity to ensure your customers always have easy access. Scalability & Growth This isn't just a storefront; it’s a platform for expansion. With flexible zoning, this location is ideal for: A high-efficiency Cloud Kitchen setup. A dual-counter concept to maximize revenue per square foot.
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Our Executive Mortgage Banker:
$149,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $119,200 | $119,200 | $119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.634% | 6.890% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $734 | $773 | $998 |
| Total Monthly Payment | $809 | $848 | $1,073 |
* 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.