**Charming Wine Shop for Sale in Rockaway Beach, Queens**Discover an exceptional opportunity to own a turn-key wine shop perfectly situated on a bustling block in Rockaway Beach. This well-established business comes fully equipped with all necessary equipment and custom-built cabinets, ensuring a seamless transition for the new owner. Located in a vibrant area surrounded by popular restaurants, residential homes, and convenient public transportation, the shop benefits from high foot traffic and a loyal customer base. Its proximity to the beach and boardwalk attracts an influx of visitors during the summer months, enhancing revenue potential. This wine shop is not just a retail space; it's a community hub for wine enthusiasts and casual shoppers alike. With its inviting atmosphere and thoughtfully designed layout, you?ll have everything you need to continue its success or make your mark with new ideas. Don't miss this chance to own a piece of Rockaway's thriving business scene!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$45,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $36,000 | $36,000 | $36,000 |
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 | $323 | $323 | $323 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $240 | $239 | $304 |
Total Monthly Payment | $638 | $637 | $702 |
* 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.