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COMMERCIAL AFFORDABLE NEIGHBORHOOD STOREFRONT APPROXIMATELY 300' SQ. FT. FOR LEASE~ $1, 250 RENT/MONTH. WEST END, CITY OF NEWBURGH ON BUSY ROAD. . . Good for barber shop, beauty shop, tailor shop or any similar neighborhood retail business. . . Walking distance to a signalized corner on Broadway where 17K starts, Dunkin' Donuts and other retail and professional office businesses. One spacious room with 9' high ceilings with high hat ceiling lights, wall exhaust fan with wall air conditioner unit, plumbing for water & drain hook up, full bathroom with shower. Updated, well kept and freshly painted with newer floor, bathroom and beautiful large storefront picture window for extra natural lighting and direct exposure to busy street with high traffic and visibility and good space for your business sign. . . This is a 2060' sq. ft. building in total with 2 residential units. Street parking. 2 year minimum lease. Very good lease terms. Entire property is also for sale.
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Our Executive Mortgage Banker:
$1,250
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 | $1,000 | $1,000 | $1,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $471 | $471 | $471 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $6 | $6 | $8 |
| Total Monthly Payment | $552 | $552 | $554 |
* 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.