This is a rare opportunity to acquire a strategically located retail building on iconic South 4th Avenue in Mount Vernon, NY. Located steps from the beginning of this busy shopping corridor, this two-story building boasts a large, ground-floor, retail space with large front windows, high ceilings, and a restroom located in the rear of the store. This allows for great visibility for not only your store but for your merchandise as well. The building also has a full-length basement with in-store access as well as accessibility from the sidewalk. The basement space is ideal for storage. The second floor, also accessible from the store, has high ceilings, a restroom, and windows looking to the rear. Ideal for storage or office space. The property is currently used as an active clothing and accessory store but will be delivered vacant.
9 S 4Th Avenue, Mount Vernon, NY, 10550
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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