A well-established diverse thriving eatery situated in a bustling shopping town of Oceanside, New York. This space is ideal for setting up any type of restaurant, gourmet deli, bakery, or specialty food store. Including a wine, beer license, rear parking, side window for quick pick ups or gelato/ice cream service and a lower level with plenty of storage and or prep area for shipping. Fully Equipped Kitchen is outfitted with top-of-the-line appliances and equipment, ensuring a seamless transition for the new owner, includes an electric brick oven, hood, walk in fridge and more. Restaurant/benefits from high foot traffic and excellent visibility, making it an attractive investment for entrepreneurs and seasoned restaurateurs alike. This location is renowned for its vibrant commercial activity, drawing a steady stream of shoppers, office workers, and local resident foodies. Area is well-connected by public transportation, with ample parking facilities in rear and nearby, ensuring easy access for customers. The restaurant also includes a tall lower level, perfectly suited for expanding into a shopping food business or plenty of storage. Retail Potential: The lower level offers a unique opportunity to capture the market of shoppers looking for quick bites, artisanal products, and preparation and storage take-home meals. Do not approach owner or employees. , Additional information: Business Located At: Oceanside, New York, Dining seats: 40, fix equip: 10, inventory: 10, Rental Income: Y
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Our Executive Mortgage Banker:
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$300,000
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 | $240,000 | $240,000 | $240,000 |
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 | $3,133 | $3,133 | $3,133 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,617 | $1,595 | $2,024 |
Total Monthly Payment | $4,825 | $4,803 | $5,232 |
* 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.