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9 Clinton Street, New York (Lower East Side), NY, 10002 | $4,195,000
Prime LES Location, Four-Story Mixed-Use Property
- Total Building Square Footage: 3, 850.
- 3 Commercial Spaces Totaling: 2, 350sf.
- 2 Residential Spaces Measuring: 1, 500sf.
- Unused FAR to expand upon: 2, 544sf
9 Clinton can be combined to create a single-family townhouse upwards of 6, 400sf, or the owner can occupy and rent the top two floors with the opportunity to have income-producing retailers on the ground levels. Former commercial uses at 9 Clinton Street included a bakery, art gallery, and record shop. Venting is permitted for restaurant use.
Clinton Street is a heavily trafficked thoroughfare bridging the corridor from Delancey Street to Houston Street. There has never been a better time to invest in the Lower Eastside as Essex Crossing project nears completion, with over 1, 000 newly added residences, 300, 000sf of greenspace, and 350, 000sf of new office space. Close proximity to notable new condo developments including 150 Rivington, 66 Clinton Street as well as Michelin rated restaurants such as Ivan Ramen, Clinton Street Bakery and 63 Clinton.
Features
- Town: New York
- Levels: 4
- Cooling: Window Units
- Zoning: R7A
- Year Built: 1910
- Pet Policy: Pets Allowed
- Building Access : Walk-up
- Service Level: Voice Intercom
- OLR#: RPLU33422742967
- Days on Market: 381 days
- Website: https://www.raveis.com
/prop/RPLU33422742967/9clintonstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Corcoran Group
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
9 Clinton Street, New York (Lower East Side), NY, 10002
$4,195,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,356,000 | $3,356,000 | $3,356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,055 | $20,663 | $27,869 |
| Total Monthly Payment | $19,180 | $20,788 | $27,994 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535