7620 Bay Parkway, #1A, Brooklyn, NY, 11214 | $1,698,000

Offered for the 1st time in Bensonhurst, medical condo currently used as a neurology and pain management practice. Still TAX ABATED, could be used by 3 doctors at the same time, all medical equipment included and this condo size has 1, 864 sq. ft. Included in the price is the a book of accounts receivables of 39, 000 + patient data base with projected annual revenue of 1. 4 million dollars. Financial disclosures will be available upon request. The seller prefers a package deal, meaning the condo and the medical practice are sold together, however the practice and the condo can be sold separately, if need be. Strong patient demand with 3-4 month waitlist reflecting severe neurologist shortage in Brooklyn. Multiple established referral sources requiring no advertising investment. Located in a very commercial intersection with many bus and train lines running 24 hours. Across the street is is beautiful Seth Lowe park with many park benches and activities going on.

Features

  • Property Type: Office
  • Construction: Brick
  • Utilities: Electricity Available
  • Heating: Baseboard
  • Cooling: Central Air
  • Est. Taxes: $40
  • School District: Community District 20
  • MLS#: 994830
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/994830/7620bayparkway_brooklyn_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.Listing courtesy of Empire State Realty Group NY   Phone: 347-462-9500

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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7620 Bay Parkway, #1A, Brooklyn, NY, 11214

$1,698,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,358,400 $1,358,400 $1,358,400
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 $3 $3 $3
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,713 $8,364 $11,463
Total Monthly Payment $7,841 $8,492 $11,591

* 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.