12 South Street, Washingtonville, NY, 10992 | $5,000,000

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. Additional Information: HeatingFuel: Oil Above Ground,

Features

  • Property Type: Retail
  • Heating: Baseboard, Forced Air, Natural Gas, Oil
  • Cooling: None
  • Year Built: 1900
  • Acreage: 4.62
  • Lot Desc: Borders State Land, Level, Split Possible
  • School District: Washingtonville
  • MLS#: H6269867
  • Days on Market: 439 days
  • Website: https://www.raveis.com
    /prop/H6269867/12southstreet_washingtonville_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 Green Team Commercial   Phone: 845-208-9928

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

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:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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

12 South Street, Washingtonville, NY, 10992

$5,000,000

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 $4,000,000 $4,000,000 $4,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,343 $25,283 $33,754
Total Monthly Payment $23,468 $25,408 $33,879

* 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.