79 Styles Way, Esopus (Union Vale), NY, 12540 | $1,500,000

In the booming Hudson Valley at Sky Acres Airport (44N) is this rare aviation related opportunity in a fantastic setting. 14, 046 SF commercial space with two clear span hangars with space for 8 airplanes and other equipment. The larger building, professionally repainted in 2020, is a Boeck steel frame and has a 6, 000 SF hangar in 2/3 of the building. The other 1/3 of the building is two stories with 3, 000 SF of office space on the second floor and 3, 000 SF storage/equipment/workshop with a drive in bay on the first floor. The second building, built in 2014, is a steel skinned advanced framing technique hangar with 1, 632 SF on one level. The paved parking lot has 25 spots. This all sits on 24+ acres of level and partially cleared land abutting the north end of the runway, with direct access to the taxiway from the hangars. Plenty of room to grow, with most of the land yet to be developed. Development potential of office, trade shop, light manufacturing, aviation schools and flight instruction, warehouse and a host of additional airport related uses. Access from a gated private road on the property, adjacent to Sky Acres airport, a full service airport with fueling station, terminal and restaurant, and approximately 40 miles to Stewart International Airport. Close to Hudson Valley attractions located in one of the most beautiful places to live in the USA.

Features

  • Town: Esopus
  • Property Type: Industrial
  • Current Use: Commercial, Industrial, Office, Utilities, Warehouse
  • Construction: Structurally Insulated Panels
  • Heating: Propane, See Remarks
  • Cooling: Central Air
  • Units: 2
  • Zoning: Aviation
  • Year Built: 1990
  • Est. Taxes: $15,674
  • School District: Millbrook
  • MLS#: H6270472
  • Days on Market: 359 days
  • Website: https://www.raveis.com
    /prop/H6270472/79stylesway_esopus_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 McGrath Realty Inc   Phone: 845-855-5550

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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79 Styles Way, Esopus (Union Vale), NY, 12540

$1,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,200,000 $1,200,000 $1,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $1,306 $1,306 $1,306
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,442 $7,098 $9,885
Total Monthly Payment $7,873 $8,529 $11,316

* 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.