Prime Commercial Storefront available in the heart of Bedford-Stuyvesant between Putnam Avenue and Madison Street! Asking Price: $5, 500/month Dimensions: - Store Front: 1, 610 SF - Basement: 1, 100 SF The storefront would ideally suit businesses in demand in the area, such as a medical office/urgent care, food chain restaurant or pharmacy, but the owner is open to any business, except for party event venues. Key Features: great location near public transportation. Located in a thriving busy area off of Broadway, these spaces are surrounded by a vibrant community of local businesses. Directly across the street is a 57-unit luxury residential development, both the local Police Precinct and Fire Department just two short blocks away, and Public School 309 around the corner. Other local businesses in the area include C and C laundromat, Chez Alex coffee shop, and local markets, ensuring a steady flow of potential customers. The spaces are conveniently located near public transportation, with the B47 bus stopping right outside, with several train options available. Minutes away from Gates Avenue J and Z trains. ? Fully Built Out as Standard Retail Space ? Mostly Open Floor Plan Layout ? Space is in Excellent Condition ? High Ceilings ? Space is 1, 610 SF store with a bonus basement (1, 100 SF) ? New Bathroom Great opportunity to establish your business in a thriving Bed-Stuy location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500
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 | $4,400 | $4,400 | $4,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $343 | $343 | $343 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $29 | $29 | $38 |
Total Monthly Payment | $447 | $447 | $456 |
* 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.