This commercial property at 16 Ludlam Avenue in Bayville offers 3,300 square feet of versatile open space, perfect for retail, warehouse, or redevelopment. It boasts excellent street exposure with large glass windows, 13 foot high exposed ceilings, and a beautifully updated bathroom with a slop sink outside. Recent improvements include a new HVAC system and roof. The property also features backyard access and five designated parking spaces. While the roll-up overhead door is currently closed up, it presents an opportunity to restore it for enhanced functionality. This space is a rare find in Bayville!
16 Ludlam Avenue, Oyster Bay, (Bayville), NY, 11709
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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