An incredible opportunity for development on four parcels sold together for a total of 4.6 Highly Visible Acres in the heart of the Village of Washingtonville, NY! This high-traffic location is zoned B-G (Business General) and offers too many options to name them all. Permitted Uses include: Auto Sales, Light Industrial, Mixed Use, Office, Retail, Warehouse, Residential. The property also includes a Salvage License which is extremely rare. The four parcels include: Ralph's Motor Repair (12 South St), a repair shop with vast apartment on 2nd level, and a salvage yard in back (14 South St), a 2-family home (16 South St), and a vacant commercial lot (Rte 208). The property is adjacent to the Moodna Creek and also abuts the Shunnemunk Rail Trail project. The new 10-mile trail will connect the Hudson River in Newburgh and Cornwall-on-Hudson to Schunnemunk State Park, the Orange County Heritage Trail, and link to both the Cornwall and Harriman train stations of the MTA Port Jervis Line.
Heating:
Natural Gas, Oil, Baseboard, Forced Air
Current Use
Commercial, Industrial, Mixed Use, Other, Residential, Retail
School District:
Washingtonville
12 South Street, Washingtonville, (Blooming Grove), NY, 10992
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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