Don't miss this mixed-use building in Midtown Kingston, NY. A true gem in the vibrant community. Building is located steps away from City Hall and close proximity to Hospital. This prime location presents a fantastic opportunity for investors and business owners alike. The main level storefront offers an ideal space of 1, 440sf for retail or a boutique business. Features a full size, dry basement for storage. High visibility along Broadway ensures steady foot traffic and exposure. Back yard can be entered either from sidewalk or back of the store. Second and third floors each feature spacious one bedroom apartments. No expense spared on renovation, commercial space features accessible bathroom, new HVAC unit for heating and cooling, on demand hot water heater, upgraded plumbing and electric. Both apartments feature new hardwood floors, new bathrooms, split AC/ Heat units, custom kitchen cabinets with marble counter tops and stainless steel appliances. Currently commercial space has a tenant with 3 year lease. Both apartments are vacant.
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Our Executive Mortgage Banker:
Our Insurance Division:
$890,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $712,000 | $712,000 | $712,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,099 | $4,500 | $6,008 |
Total Monthly Payment | $4,191 | $4,592 | $6,100 |
* 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.