Introducing a charming mixed-use property nestled in the heart of the Northfork, offering a unique blend of commercial and residential spaces. This corner lot gem features a traditional, old-fashioned deli that has been a beloved neighborhood staple for many years, drawing patrons in with its timeless charm and delectable offerings. The commercial area also includes office space, providing an ideal opportunity for businesses to establish themselves in a vibrant and thriving community. With ample parking spaces, this property caters to the convenience of both customers and tenants. In addition to the commercial spaces, this property boasts a cozy two-bedroom apartment, offering a comfortable and convenient living arrangement. Whether for personal use or investment, this residential component adds further appeal and versatility to the property. Situated in the heart of the Northfork, residents and visitors alike can enjoy the region's renowned wineries, picturesque landscapes, and all the attractions that make the Northfork a sought-after destination. This is a rare opportunity to own a piece of this coveted locale, where the best of both commercial and residential living converge in one exceptional property. Note: The Deli/convenience store business is included in the sale of the property but not subject to maintaining it as such. A buyer can establish their own business as a replacement to the current thriving trade which includes ample parking.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,599,200 | $1,599,200 | $1,599,200 |
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 | $1,501 | $1,501 | $1,501 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,333 | $10,108 | $13,495 |
Total Monthly Payment | $10,959 | $11,734 | $15,121 |
* 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.