1221 Route 25A, Smithtown, NY, 11787 | $1,100,000

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!

Features

  • Property Type: Mixed Use
  • Current Use: Office, Retail
  • Parking: 10-car
  • Heating: Natural Gas, Forced Air
  • Zoning: Commerical
  • Acreage: 0.19
  • Est. Taxes: $13,678
  • MLS#: 3580143
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /prop/3580143/1221route25a_smithtown_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker American Homes   Phone: 631-863-9800

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1221 Route 25A, Smithtown, NY, 11787

$1,100,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,140 $1,140 $1,140
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,997 $5,490 $7,367
Total Monthly Payment $6,262 $6,755 $8,632

* 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.