LOCATION, LOCATION, LOCATION!!!! Exceptional commercial opportunity in one of Orange County's fastest-growing locations! This prime corner lot sits at a lighted intersection at the crossroads of Albany Post Road and State Route 52 (Walden, Montgomery, and Pine Bush) offering superb visibility and exposure to a growing heavy traffic flow. Set on over 1. 5 acres, the site is adaptable for multiple commercial potential uses, whether for a service and repair center, retail, office/shop, dining establishment and so much more! 49'x21' Showroom/Office with epoxy floors, 44'x54' heated mechanical/shop area with 2 hydraulic lifts. One brand new 13' overhead door and two 10' overhead doors! 400 - Amp Service and all electrical and lighting has been recently updated! Surrounded by booming residential and commercial development, this area's growth potential is unparalleled, making it an ideal spot for business owners and visionaries looking to capitalize on the region's expansion. With endless possibilities for new and established businesses alike, this high-visibility site is an opportunity not to miss. A unique location as this property is next door to Angry Orchards Cider Co. Hudson Vally Headquarters! Call for a private showing and explore the limitless potential of this must-see location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
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 | $872 | $872 | $872 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,202 | $4,617 | $6,195 |
Total Monthly Payment | $5,166 | $5,581 | $7,159 |
* 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.