This freestanding building is available now for immediate occupancy on the heavily travelled Route 22 in Brewster. The 2, 315 SF building has both retail space on the first floor, a legal two story one bedroom residential apartment with its own separate entrance, and a private parking lot. Versalility in a great investment opportunity with 2 rentals, or to owner occupy and live where you work! The last use of the retail space was with a dog grooming service but could easily be turned back into office space, the prior use. The building was renovated between 2015 to 2019. The retail space is divided into 8 rooms, with a very large and welcoming 20 x 11 reception area, restroom, 3 small rooms and 3 large rooms, with 3 of the rooms having water hookups. The apartment is off-the-chart in charm, over two floors with the kitchen, living room, and full bath on the first floor, and a large bedroom and walk-in closet on the second floor. Additional storage in the large unfinished basement and there was prior approved plans for an attached garage with second story space. The plans have since expired, but there is potential for the next owner to renew. The location cannot be beat. The average annual daily traffic count is 22, 636 vehicles. It is adjacent and across the street from two major professional/shopping plazas and is minutes to I684/84 and multiple Metro North train stations. This building is ready for you to write its next chapter!
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$489,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $865 | $865 | $865 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,636 | $2,600 | $3,299 |
Total Monthly Payment | $3,576 | $3,540 | $4,239 |
* 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.