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Warehouse/ manufacturing site For Sale on the corner of a unique street in the established neighborhood of Hempstead, Long Island. Currently used for commercial carpentry and manufacturing and office space, with a max ceiling height of 16FT (ceiling height under beams measure at 11FT) this space can serve various business types including but not limited to manufacturing and light assembly facilities, repair facilities, storage and distribution, general warehouse, showroom and much more! Moreover, a small basement storage space, accessible via sidewalk cellar doors, allows for additional storage. Specifically, this property has two individual warehouses separated by office space complete with a private office and a break room. All office furniture and build outs will remain. Square Footage: 12, 650(existing) Taxes: $/Yr. Key Points ? Various manufacturing equipment included in sale! Opportunity to build an additional story! Electrical, HVAC, plumbing, sprinkler plans and survey available upon request! The site is located 2 blocks from the HOME DEPOT, Home Goods, and downtown Hempstead. Approximately 2 miles from the Southern State, Northern State, L. I. E and Meadowbrook Parkways giving you ample access to Nassau County. The property benefits from close proximity to multiple high-traffic areas including Hempstead Tpke, Peninsula Blvd and Front Street. This property presents a perfect opportunity for an industrial or warehouse occupant to take advantage of multifaceted commercial locations. Amazing Opportunity! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
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$1,700,000
William Raveis Real Estate
Phone: 888.699.8876
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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 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% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $4,348 | $4,348 | $4,348 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,722 | $8,708 | $11,476 |
Total Monthly Payment | $12,195 | $13,181 | $15,949 |
* 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.