**Investment Opportunity: 14 Bush Ave, Staten Island, NY 10303**
Welcome to 14 Bush Ave, a prime investment opportunity in the vibrant Mariners Harbor section of Staten Island. This meticulously gut-renovated mixed-use property, zoned R3A/C2-2, offers unparalleled income potential with its expansive layout and modern amenities.
**Property Highlights: **
- **Building & Lot Size: ** The building boasts an impressive 45 x 92 footprint, totaling just shy of 6, 000 square feet, on a generous 48 x 100 lot.
- **Mixed-Use Potential: ** The property features two spacious commercial spaces on the ground floor, ideal for retail, office, or service-oriented businesses.
- **Residential Appeal: ** Upstairs, you'll find a beautifully appointed 3-bedroom apartment, perfect for owner-occupancy or rental income.
- **Comprehensive Renovations: ** Every aspect of this property has been upgraded, including new electrical and plumbing systems, ensuring a hassle-free investment for years to come.
Located in a bustling neighborhood with a mix of residential and commercial activity, this property offers excellent visibility and accessibility. Whether you're looking to expand your investment portfolio or establish a business, 14 Bush Ave is a rare find with immense potential. Don’t miss the chance to own a piece of Staten Island's thriving real estate market.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,066 | $5,562 | $7,426 |
Total Monthly Payment | $5,191 | $5,687 | $7,551 |
* 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.