|
The Story of 2647 Montauk Highway Hidden Gem Reborn Tucked away on a private 2. 4-acre estate, a place unlike anything else on Montauk Highway rises with quiet confidence a stand-alone architectural jewel that blends timeless craftsmanship with modern luxury. 2647 Montauk Highway, Brookhaven Some properties are available. Others are unforgettable. Set on 2. 4 private acres with 225 feet of frontage on heavily traveled Montauk Highway, 2647 Montauk Highway is a rare opportunity to own one of Long Island's most recognizable restaurant destinations. For decades, this property welcomed generations of guests, becoming a place where celebrations were held, memories were made, and community gathered. Today, it stands ready for a new vision. The property features a 4, 800-square-foot restaurant with bar, a 1, 400-square-foot outdoor patio and bar, basement storage, a detached garage, and parking for more than 100 vehicles an extraordinary amenity that few restaurant properties can offer. Located within a New York State Opportunity Zone and minutes from Sunrise Highway, William Floyd Parkway, and the Long Island Expressway, the site combines exceptional visibility, accessibility, and future potential. Town-approved plans for expanded outdoor space, improved walkways, upgraded lighting, and site enhancements create additional opportunities for growth and transformation. This is more than real estate. It is a destination with a history, a presence, and a future. Rarely found. Impossible to duplicate. Ready to become Long Island's next great gathering place. Also, option for lease.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$2,250,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,869 | $1,869 | $1,869 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,220 | $10,792 | $15,189 |
| Total Monthly Payment | $12,214 | $12,786 | $17,183 |
* 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.