Great Lucrative Investment Opportunity! MIXED-USE Laundry Business + 2 Residential Apartment Building in Brooklyn NY! This Mixed-Use solid brick building features four residential apartments on 2nd & 3rd floor and a well established laundromat business on the first floor, located in the dynamic and commercial hub of Brooklyn. Business Description Absentee Owner Management 24 Washers + 20 dryers, all Machine around 7-8 years old, laundromat business operating for over 20 years. Gross Revenue: $264,000/year.
475 Ralph Avenue, New York, (Brooklyn), NY, 11233
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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