Incredible opportunity! Completely renovated three years ago from the ground up. Freestanding corner building in Smithtown. Offers 1, 750 sq ft of usable space! Properties located on incredibly highly trafficked 25A. 8 parking spots. Building is completely handicap accessible, currently zoned for 50 people. Renovations include but not limited to roof, facade, windows, HVAC, electrical, plumbing, parking lot, surveillance, sprinkler system. Building is completely smart powered and can be operated remotely, thermostats and lights. Doors have smart technology - one push of a button and window can go from completely clear to frosted. Front of building has tremendous glass windows, great visibility from road. Has tremendous area for signage and branding. First floor includes high ceilings, open floor plan, hardwood floors, custom raised paneling, box molding. Spa like first floor handicap accessible bathroom. Mahogany wood stairs leading to finished basement with CO. Three egress windows, high ceilings. Enclosed conference room, 200 amp electrical service, gas heat. Two zone central AC. Douglas mini split for the basement. Low taxes. Previous property uses for building were bagel Store, grease traps existing, liquor store, dry cleaner. Currently being operated as business center and on the go office space. All furniture and pods being sold with building. Across the street CVS first row is public parking if owner user needs more parking. Owner is retiring let's make a deal!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $1,140 | $1,140 | $1,140 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,066 | $5,562 | $7,426 |
Total Monthly Payment | $6,331 | $6,827 | $8,691 |
* 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.