One of the most exciting projects in the Village of Warwick, this classic contemporary style office building circa 1968 is currently undergoing major interior renovations, the office space of the 70’s has been stripped away and an open floor plan with high ceilings has emerged. Central Business (CB) zoning permitted use allows for museums, art galleries, professional offices, banks, retail, personal service, eating drinking establishments, conditional uses include churches, nursery school/day care. Two levels, interior staircase, new windows, newer roof. Upper level accessible from entrance/ramp in front and side entrance, lower level accessible via side entrance. Several parking spaces come with the space, additional parking spaces to be negotiated based on the proposed use. This is a great building in a superb location with huge potential for the right user and an incredible opportunity. A savvy business owner with creative vision will see the benefit of launching their dream business from this open canvas.
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Our Executive Mortgage Banker:
Our Insurance Division:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $18 | $18 | $18 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $1,565 | $1,565 | $1,565 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $0 | $0 | $0 |
Total Monthly Payment | $1,640 | $1,640 | $1,640 |
* 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.