This 10-acre compound is ideally suited for companies involved in manufacturing, logistics, cold storage, and distribution. Its strategic location on State Route 9Ha major trucking routeprovides unparalleled access to key highways and nearby commercial hubs, including Albany Freight Port and Transplastics, Inc. The expansive yard and multiple well-maintained buildings offer ample space for various operations, making it a prime choice for businesses seeking a central location in the region. The compound features multiple buildings with structures totaling 41, 792 sq ft, supporting manufacturing, shipping, receiving, and other commercial activities. The ample yard space is perfect for storage and operations, accommodating large vehicles and equipment. The buildings include an original warehouse built in 1980 (16, 000 sq ft), a first addition in the 1990s (14, 000 sq ft), a second addition also from the 1990s (5, 000 sq ft), a third addition from 2002 (5, 000 sq ft), and an office building from 2002 (1, 920 sq ft). Potential uses for this compound are extensive. The spacious areas are ideal for manufacturing, providing ample room for production lines and machinery. Logistics and distribution centers will find easy access for large trucks and trailers perfect for efficient distribution. Agricultural businesses, including greenhouse operations, will benefit from the available land and infrastructure. Warehousing firms can utilize the flexible spaces for extensive storage needs. Construction companies will find ample space for equipment storage, office operations, and material handling. Automotive and trucking services can use the facilities for repair, parts distribution, or vehicle storage. Wholesale and retail distributors will benefit from the showroom space for display and warehouse space for inventory. Location highlights include proximity to major routes, with easy access to I-90, Route 66, and Route 9, facilitating smooth logistics and transportation. State Route 9H is renowned for its efficiency as a trucking route, ensuring swift deliveries and shipments. The compound is close to key commercial and industrial hubs, offering essential services and amenities for businesses. Its strategic location is only 30 miles to both Albany Freight Port and Transplastics, Inc. in Albany, NY, making it ideal for businesses reliant on shipping and logistics.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,200,000 | $1,200,000 | $1,200,000 |
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 | $7,003 | $7,585 | $10,126 |
Total Monthly Payment | $7,128 | $7,710 | $10,251 |
* 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.