Don't miss this unique commercial opportunity on Route 22. 40. 72 commercially zoned acres in one parcel with 10. 35 +/- usable acres. The entrance would be from Patterson's main road, Route 311, via a 50-foot-wide driveway. Neighbors are Tractor Supply Co. and Acme Shopping Center on Route 311 and JRS Pharma, Clancy Relocation and Logistics, and the Putnam County National Bank on Route 22. The property is zoned C1, Commercial District, a sample of permitted uses would be self-storage facility, retail stores, research and development, veterinary hospitals, health and fitness centers, indoor and outdoor recreational sports facilities, business and professional offices. An underground conduit is already in place with electric, natural gas and telephone with potential to tie into Patterson’s sewage treatment plant. The 10 +/- usable acres are predominantly level and cleared. The acreage sits above the surrounding terrain with views overlooking a lake which fronts Route 22. The site affords high visibility with the significant frontage on Route 22 with an annual average daily traffic count of 15, 953. This property can be sold subject to approval, making this an incredible opportunity.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,449,000
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 | $1,159,200 | $1,159,200 | $1,159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,191 | $1,191 | $1,191 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,857 | $7,422 | $9,860 |
Total Monthly Payment | $8,173 | $8,738 | $11,176 |
* 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.