440 William Floyd Parkway, Brookhaven (Shirley), NY, 11967 | $1,175,000

AREAS BEST VALUE - TRIPLE NET ASSET (NNN) * Prime STNL ~ 2, 600 Sq. ft. Restaurant/Q. S. R. Building situated on one of LONG ISLANDS' BUSIEST COMMUTER & TOURISM COORIDORS. Location to a multitude of Nationally Branded Q. S. R. /RETAIL & FAST FOOD establishments. Consistently high V. P. D/ Daily traffic counts on a fifteen mile corridor that feeds directly to Long Islands SMITH POINT BEACHES & SEASONAL EVENTS (OVER 300, 000 VISITORS SEASONALLY). Prime Downtown Business Generator location servicing BOTH local Residents and Seasonal visitors. Brand new Interior & Exterior renovation in- progress, including: New Kitchen; Ansul; HVAC; Flooring; Dining Areas; Roofing; Parking; Landscaping; Facade' etc. . for Zero (0) deferred maintenance to new Owner. Easy access location with TWO (2) Crosswalks leading directly to Building and Full Sidewalks for 24Hr. Pedestrian Traffic. Lighted Intersection location. Full Lighted BUILDING & PYLON Signage from (3) directions. Unobstructed sight lines from BOTH North & South William Floyd Parkway. Stabilized Food Service Tenant in place on ten (10) year Lease. Annual C. P. I Increases. Prime Q. S. R. Long Term Asset. , Additional information: Building Size: 2556, Business Located At: 440 William Floyd Pkwy, Rental Income: Y, vac_perc: 0

Features

  • Town: Brookhaven
  • Property Type: Industrial
  • Current Use: Commercial
  • Parking: 15-car
  • Levels: 1
  • Heating: Natural Gas, Forced Air
  • Units: 1
  • Frontage: 100
  • Year Built: 1980
  • Est. Taxes: $18,405
  • MLS#: 3549903
  • Days on Market: 211 days
  • Website: https://www.raveis.com
    /prop/3549903/440williamfloydparkway_brookhaven_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Hampton Estates Realty LLC   Phone: 631-288-6333

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

440 William Floyd Parkway, Brookhaven (Shirley), NY, 11967

$1,175,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $1,534 $1,534 $1,534
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,486 $5,941 $7,932
Total Monthly Payment $7,145 $7,600 $9,591

* 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.