142 Schwenk Drive, Kingston (Kingston City), NY, 12401 | $895,000

Excellent Commercial Building suitable for Professional Office, Retail and More. This Site offers High Visibility on a Busy Road which leads to the Kingston Plaza Shopping Center and is an entryway to the Historic Kingston Stockade District offering more Shopping and Restaurants. 142 Schwenk Drive is a +/- 4256 square foot Brick and Frame Structure built in 1968 situated on a mostly rectangular lot totaling +/- 0. 55 acres. Recently used by Spectrum Cable/Wireless as a Customer Service Center this building can serve many purposes like Retail or Professional Offices in a Central Commercial (C-2) Zone. The heating and air conditioning is per a natural gas fired forced air system. There's a 200 Amp Electric Service and Municipal Water & Sewer. The remainder of the lot is paved with approximately 45 parking spaces. It's also steps away from the Proposed Kingstonian Development incorporating a Boutique Hotel, Apartments, Restaurant and Retail Space, Parking and a Pedestrian Plaza.

Features

  • Town: Kingston
  • Property Type: Retail
  • Current Use: Mixed Use
  • Construction: Block
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Zoning: C-2
  • Year Built: 1968
  • Est. Taxes: $23,207
  • School District: Kingston
  • MLS#: H6296426
  • Days on Market: 247 days
  • Website: https://www.raveis.com
    /prop/H6296426/142schwenkdrive_kingston_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 Rand Commercial   Phone: 845-338-5252

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

142 Schwenk Drive, Kingston (Kingston City), NY, 12401

$895,000

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 $716,000 $716,000 $716,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $1,934 $1,934 $1,934
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,065 $4,467 $5,994
Total Monthly Payment $6,091 $6,493 $8,020

* 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.