102 Cimarron Road, Monticello (Thompson), NY, 12701 | $6,900,000

Location, location, location with room to GROW! Strategically positioned, well-respected auto sales and service business in the Sullivan County Catskills is now available on the open market. This very active Ford - Lincoln dealership has a bustling service and parts department and a large customer base. Opportunity is knocking and this is music to any auto dealer's ears! Potential is unsurpassed! Super high visibility, high traffic, and easy accessibility to the highway with east-bound and west-bound ramps just a few seconds away, this is a location that can't be beat! Dealership and signage are extremely visible sitting up high and mighty and fronting I-86/ NYS Route 17 with 440+ feet of exposure. 17, 000 SF steel frame building offers large showroom, huge service area, 2 overhead doors, 7 lifts, large parts room, multiple offices, break station, storage and 3 restrooms. With over 4 acres, there is potential for additional square footage and increased parking. Tremendous coverage area for sales and service with no one else in the county. With an impeccable reputation, many years in the industry, and this amazing location, this is something you can bank on. Catskill Resorts Casino, Kartrite Water Park is around the corner, gas station/ convenience store at the exit, auto/ truck sales across the highway, the exclusive Monticello Motor Club is a 10-minute drive and Monticello business district is moments away. Bethel Woods Center for the Arts and a vibrant tourism influx year after year is the icing on the cake. 90 miles to NYC. Will work with buyer for a smooth transition. Inventory and franchise are not included in the asking price, and please do not contact business directly.

Features

  • Town: Monticello
  • Property Type: Retail
  • Heating: Coal, Oil, Other, Baseboard, Forced Air, Hot Water, See Remarks
  • Cooling: Central Air
  • Zoning: HC-2
  • Year Built: 1970
  • Est. Taxes: $20,756
  • School District: Monticello
  • MLS#: H6309427
  • Days on Market: 155 days
  • Website: https://www.raveis.com
    /prop/H6309427/102cimarronroad_monticello_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 Malek Properties   Phone: 845-583-6333

William Raveis Family of Services

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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:

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102 Cimarron Road, Monticello (Thompson), NY, 12701

$6,900,000

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 $5,520,000 $5,520,000 $5,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $1,730 $1,730 $1,730
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,776 $34,890 $46,581
Total Monthly Payment $33,631 $36,745 $48,436

* 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.