This Opportunity to own and operate a thriving 95 Seat restaurant in the heart of Astoria, NY. Presenting a well-established and highly regarded establishment situated on 30th Ave, an area renowned for its vibrant atmosphere and diverse culinary scene. The space offers a spacious and inviting ambiance that accommodates both indoor and outdoor dining. With almost 10 years left on the lease, you can step into a turnkey operation with immense growth potential and a proven track record of success. This prime location on 30th Ave, a bustling street teeming with foot traffic, ensures a steady stream of patrons from the local community and beyond. Astoria, known for its rich cultural diversity, is a hub for food enthusiasts, one of the more enticing locations on the market. Full liquor license, allowing for creative mixology. The recently remodeled interior showcases a fresh and welcoming ambiance to customers. With a full kitchen equipped to meet the demands of the culinary team. Take advantage of this exceptional turnkey opportunity in the heart of Astoria's dynamic culinary scene. This space, with its strategic location and full suite of amenities, make it a standout investment for seasoned restaurateurs and ambitious entrepreneurs alike. Don't miss your chance to secure this remarkable establishment. Key money of $350, 000 opens the door to a world of culinary success and long-term prosperity.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $2,104 | $2,103 | $2,530 |
* 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.