40 Prospect Street, Huntington, NY, 11743 | $1,199,000

Opportunity To Purchase For A Commercial Use Or Customize This Turn Of The Century Huntington Village Classic Home Back To A Primary Residence. C6 Zoning with Sewers and Ample Parking. Currently used for office space, can be converted to mixed use building, all commercial or residential. Set On Over A Quarter Acre Of Flat Property, On A Quiet Street In The Heart Of It All! Welcomed By The Wrap Around Porch, The Entry Foyer Leads To The Formal Living Room With A Marble Decorative Fireplace. The Home Boasts High Ceilings On The Main Floor With Large Principal Room Sizes. Formal Dining Area With High Hats and Crown Mouldings, Additional Room Can Be Used As An Office or Den With Glass Doors And Porch Access. Eat In Kitchen Has A Refrigerator & Dishwasher, But Room To Modify For Full Function. Currently. There are 4 Private Offices Upstairs, One With A Balcony. The Existing 1/2 Bathroom is Large Enough To Add A Shower Or A Bathtub To Convert To A Full Bathroom. There Is An Unfinished Basement/Cellar. The Driveway Is Very Long And Provides Plenty of Parking. The Home Has A 2-Car Garage, Gas Heating, Central AC, Brand New Windows And In Ground Sprinklers. The Perfect Chance to Invest In A Commercial Property In A Thriving Village Location With Private Parking.

Features

  • Property Type: Office
  • Construction: Cedar
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Parking: 10-car, Driveway, Garage, Private
  • Levels: 2
  • Cooling: Central Air
  • Year Built: 1896
  • Acreage: 0.28
  • Est. Taxes: $15,983
  • Lot Desc: Back Yard, Level, Near Public Transit
  • View: Neighborhood
  • Appliances: Dishwasher, Freezer, Gas Oven, Refrigerator, Gas Water Heater
  • MLS#: 851408
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/851408/40prospectstreet_huntington_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Signature Premier Properties   Phone: 631-673-3700

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Prospect Street, Huntington, NY, 11743

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $959,200 $959,200 $959,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment $1,332 $1,332 $1,332
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,446 $6,142 $8,159
Total Monthly Payment $6,903 $7,599 $9,616

* 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.