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28-40 E. Suffolk Ave

$7,850,000

28-40 E. Suffolk Ave, Central Islip, NY 11722

For Sale

Mixed Use

Active

Last Updated: 02/13/2025

19,627 sqft

Building Size

30,000 sqft

Lot Area

Details:

Building Size: 19,627 sqft

Lot Area: 30,000 sqft

Offered by

Mr Rogers Hart

Broker

Sherlock Homes

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Contact:

Description:

Three Story Masonry Building – 8 Stores & 4 Offices.

Map:

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Today's Available Mortgage Rates

28-40 E. Suffolk Ave, Central Islip, New York 11722

Choose Your Priority

Interest Rate

Mo. Payments

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.

Loan Amount

Rates as of 12/27/2024

Bank^*Lender #1068

5 Year Fixed
25 Year Amortization

Interest rate 5.95% 5 Year Fixed

Mo. Payment$27,183 25 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $0 Lender fees

Loan Amount $4,239,000 Loan Amount

Details

Bank^*Lender #1068

7 Year Fixed
25 Year Amortization

Interest rate 6.05% 7 Year Fixed

Mo. Payment$26,933 25 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees

Loan Amount $4,160,500 Loan Amount

Details

Bank^*Lender #1068

10 Year Fixed
25 Year Amortization

Interest rate 6.21% 10 Year Fixed

Mo. Payment$26,827 25 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 52% LTV $0 Lender fees

Loan Amount $4,082,000 Loan Amount

Details

Bank^*Lender #1068

5 Year Fixed
30 Year Amortization

Interest rate 5.95% 5 Year Fixed

Mo. Payment$27,151 30 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 58% LTV $0 Lender fees

Loan Amount $4,553,000 Loan Amount

Details

Bank^*Lender #1068

7 Year Fixed
30 Year Amortization

Interest rate 6.05% 7 Year Fixed

Mo. Payment$26,971 30 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees

Loan Amount $4,474,500 Loan Amount

Details

Bank^*Lender #1068

10 Year Fixed
30 Year Amortization

Interest rate 6.21% 10 Year Fixed

Mo. Payment$26,953 30 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees

Loan Amount $4,396,000 Loan Amount

Details

CMBS^*Lender #205

10 Year Fixed
25 Year Amortization

Interest rate 6.62% 10 Year Fixed

Mo. Payment$25,725 25 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 48% LTV $50,000 Lender fees

Loan Amount $3,768,000 Loan Amount

Details

Bank^*Lender #499

10 Year Fixed
30 Year Amortization

Interest rate 6.38% 10 Year Fixed

Mo. Payment$23,030 30 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 47% LTV $2,000 Lender fees

Loan Amount $3,689,500 Loan Amount

Details

Bank^*Lender #837

10 Year Fixed
25 Year Amortization

Interest rate 7.08% 10 Year Fixed

Mo. Payment$22,912 25 Year Amortization

Max LTV

Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 41% LTV $0 Lender fees

Loan Amount $3,218,500 Loan Amount

Details

Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.