2063 Merrick Road, Hempstead (Merrick), NY, 11566 | $180,000

Sushi & Asian Restaurant for Sale in Merrick Long Island. It has been in business for over 14 years and has a full bar & Liquor License. It has great foot traffic in its desirable location and has a spacious parking lot in the back. The Restaurant's seating capacity is 63 people. The Annual Gross sales are around $1 million, and the sales receipt will be provided upon request. The restaurant includes a Walk-In Cooler, 3 Free Standing freezers, 1 chest freezer, an Ice Machine, Fixtures & Equipment.

Features

  • Town: Hempstead
  • Property Type: Business Opportunity
  • Current Use: Food Service
  • MLS#: 3584718
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/3584718/2063merrickroad_hempstead_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.

William Raveis Family of Services

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Sweeney TeamSales Associate

339.832.1634

SweeneyTeam@raveis.com

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Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@raveis.com

Our Executive Mortgage Banker:

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203.506.7567

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2063 Merrick Road, Hempstead (Merrick), NY, 11566

$180,000

Sweeney Team

Sales Associate

William Raveis Real Estate

Phone: 339.832.1634

SweeneyTeam@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $144,000 $144,000 $144,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $958 $957 $1,214
Total Monthly Payment $1,033 $1,032 $1,289

* 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.