Presented byChristopher Peralta |
17 Washington Street in Norwalk, Connecticut, is a significant commercial property located in the vibrant South Norwalk (SoNo) area. This property is a mix of office and retail space, spanning approximately 37, 000 square feet. The building is ideally situated in a high-traffic area, making it a prime location for businesses looking to capitalize on the bustling environment of SoNo. The property is well-suited for various uses, including office spaces, creative workspaces, and retail establishments. With a possible conversion to over 120 units. It is ample square footage for multiple tenants or a large single user, with the possibility of reconfiguring the space to suit specific business needs. Given its central location, tenants benefit from easy access to local amenities, restaurants, and entertainment options, which are abundant in the surrounding SoNo district.
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Sales Associate
William Raveis Real Estate
Phone: 203.216.4391
Christopher.Peralta@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,400,000 | $4,400,000 | $4,400,000 |
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 | $3,188 | $3,188 | $3,188 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,677 | $27,811 | $37,130 |
Total Monthly Payment | $28,990 | $31,124 | $40,443 |
* 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.