Located at the bustling border of West Hempstead and Garden City, 25 Nassau Blvd offers a prime opportunity for any business owner seeking a high-visibility location. This free-standing commercial building sits on a spacious lot measuring 140x87 (12, 180 Sqft) and the building size is 3600 Sqft, providing ample room for expansion or customization. Currently owner-occupied and No tenant. It will be delivered vacant at closing. The property boasts over 16 dedicated parking spaces, ensuring convenience for both customers and staff. The area surrounding 25 Nassau Blvd is characterized by a vibrant community and a growing population, making it an ideal setting for various business types. Whether you're considering retail, office space, or service-oriented enterprises, this location is perfectly situated in a high-traffic zone with excellent exposure. The combination of a strong local economy and a diverse demographic creates a welcoming environment for potential customers, ensuring your business can thrive. With significant potential for growth, this property is ready for your vision. The flexibility in zoning allows for the conversion into any type of commercial use, providing an incredible opportunity to tap into the high business occupancy in the area. As development continues and the community expands, 25 Nassau Blvd stands as a prime investment for those looking to make their mark in a flourishing market. Don't miss out on this chance to seize a property with immense potential for future success!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
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 | $2,667 | $2,667 | $2,667 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,722 | $8,485 | $11,385 |
Total Monthly Payment | $10,514 | $11,277 | $14,177 |
* 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.