Sale and lease of the former Miles The Prince building at 873 N Broadway, White Plains, NY. This rare offering includes the real estate, all fixtures, and equipment, providing a true turn-key opportunity for a restaurant and craft brewing facility. Close to Downtown White Plains and great proximity to all major highways. Renovated in 2021 with nearly $1 million in capital improvements, the property features a full sit down restaurant with seating for 61 patrons, and a brewing capacity of 10 barrels with total annual production of over 800 kegs. This is an ideal opportunity for restaurateurs or craft brewers seeking a fully equipped, modern facility. With no additional setup required, this property is ready to support a seamless transition or launch of a successful business venture. BuildingAreaSource: Other, BusinessType: Bar/Tavern/Lounge, ConstructionDescription: Unknown,
873 Broadway, White Plains, NY, 10603
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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