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SUBJECT REAL ESTATE CONSISTS OF AN OPPORTUNITY TO OWN A FULLY EQUIPPED AND TURN-KEY INVESTMENT FOR A RESTAURANT/FOOD SERVICE CONCEPT, ICE CREAM/DESSERT CAFE, OR GENERAL QUICK SERVICE FACILITY WITH DRIVE-THRU CAPABILITY. THE PROPERTY IS PRESENTLY UNDER USE BY THE PRESENT OWNER. SALE INCLUDES THE REAL ESTATE AND THE ENTIRE FACILITY, ALONG WITH THE AFFIXED EQUIPMENT IN PLACE AND INTERIOR FURNISHINGS WITHIN THE BAR/DINING AREA. THE TOTAL AREA WITH THE OUTDOOR PATIO IS ~2, 488 SF (~1, 944 SF HVAC'D SPACE ON THE INTERIOR) WITH 28, 500 AADT COUNT. THIS IS AN APPOINTMENT ONLY LISTING THAT THE LISTING AGENT SHALL ARRANGE WITH THE OWNER WITH MINIMUM 24 HOUR NOTICE. . . "PLEASE DO NOT APPROACH THE PROPERTY SITE, NOR ANY OF ITS EMPLOYEES (ON OR OFF SITE) ASKING FOR ANY BUSINESS DETAILS". . . ONLY CALL THE REALTOR FOR ACCESS INFORMATION TO SCHEDULE A SITE VISIT. (CASH/"POF" LETTER WILL BE NEEDED IN ADVANCE OF ANY SHOWING, NO EXCEPTIONS).
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Our Executive Mortgage Banker:
Our Insurance Division:
$789,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $631,200 | $631,200 | $631,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $551 | $551 | $551 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,835 | $3,985 | $5,242 |
| Total Monthly Payment | $4,478 | $4,628 | $5,885 |
* 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.