Last remaining commercial space at the newly constructed 10 STEELE located at STEELE CENTER - a brand new mixed-use development joining commercial and residential use into one complex. SUITE 1 at 10 STEELE is a build-to-suit space on the 1st floor featuring 2, 059 SF facing Farmington Ave. Ample and convenient parking available on-site and close proximity to downtown Kensington a plus. Located adjacent to the Berlin Train Station and the Hartford Line, this exciting new transit oriented development will include a total of 73 market-rate apartments and 18, 000 square feet of office, restaurant and retail space, all organized into four buildings. Join our current open tenants at 9 STEELE - Hop H?us Craft Eatery and Taproom, Trio Home Care, Attorneys Brewer and Sargis, and Eminence Lash and Beauty, as well as our future tenant coming to 10 STEELE - Studio 10 Hair and Nails and Art Studio of CT. Standard build-out included in lease price, gross plus utilities, ADA Compliant. Occupancy as soon as 3-4 months. Developed by Newport Realty Group. Built by Lovley Development. Agent related.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,294 | $3,294 | $3,294 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $22 | $22 | $28 |
Total Monthly Payment | $97 | $97 | $103 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.