Inviting ALL investors to this must-see commercial building! This is an opportunity to buy LAND, BUILDING, PARKING RIGHTS AND A BUSINESS. Don't miss this exciting opportunity to own a thriving auto repair shop with a loyal customer base. Property is in prime and busy location, off major highway, near buses, and central to all businesses in the nearby area. Added bonus: sufficient space to rent out to tenants and generate additional income! This gem has not been on the market in over two decades! This is a well-known and established business with all equipment, state and city permits, and all other pertinent paperwork, all up-to-date and ready to continue under new management with little efforts on the part of the new owner. The adjoining parking lot is currently on a long-term lease between the lender and the seller who currently pays $420 per month. Property is being sold as-is with current tenant. DO NOT DISTURB THE TENANTS OR EMPLOYEES. REQUIRES APPROVAL FOR SHOWINGS. BuildingAreaSource: Public Records, PropertySubType: Business,
1761 Carter Avenue, Bronx, (New York), NY, 10457
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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