Introducing 30 Audrey Ave, a prime commercial property offering 2, 300 sq. ft. of versatile space incudes full basement, ideal for retail, restaurant, or bar use. This gut-renovated property features exposed rafters, a brand-new kitchen, custom wait stations, and modern bathrooms. Accessibility is a key advantage, with 6 private parking spaces, front and rear entrances, and basement egress, along with ample street parking and proximity to a large municipal public parking lot. The property has been fully updated with a new roof, HVAC system, lighting, flooring, and state-of-the-art alarm and video surveillance systems. Currently leased by The Wine Line, LLC, operated by the reputable Stellina Hospitality Group, lease terms are available upon request. Located in the heart of Oyster Bay, this property is in a Preserve America Community, known for its commitment to preserving historic assets. With its high visibility on a bustling retail street, 30 Audrey Ave is within walking distance to restaurants, schools, town hall, parks, beaches, and shopping. The area is surrounded by established businesses, further enhancing the property's appeal. This is a valuable investment opportunity in a thriving, historically rich area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $731 | $731 | $731 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,144 | $3,942 | $5,023 |
Total Monthly Payment | $4,967 | $4,765 | $5,846 |
* 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.