260-264 Main Street, Highland Falls (Highlands), NY, 10928 | $879,000

Investment Property - 6 units! 2 buildings on Main Street, in the heart of the historic district in Highland Falls. 260 Main Street features a studio (currently Crafty Dee's Canvas), Upstairs 3-bedroom apartment and Basement 1-bedroom apartment. 264 Main Street features a studio (currently The Center), Upstairs 2-bedroom apartment and Basement 1-bedroom apartment. Both buildings have had recent renovations to the studios and lower apartments as well as outdoor patios, decking and fencing.

Features

  • Town: Highland Falls
  • Units: 6
  • Style: Multi Family
  • Year Built: 1960
  • Heating: Natural Gas, Baseboard, ENERGY STAR Qualified Equipment, Hot Water
  • Cooling: Window Unit(s)
  • Approx Sq. Feet: 2,520
  • Acreage: 0.05
  • Est. Taxes: $9,211
  • Lot Desc: Historic District
  • Elem. School: Fort Montgomery Elementary School
  • High School: James I O'Neill High School
  • School District: Highland Falls
  • MLS#: H6335851
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /raveis/H6335851/260264mainstreet_highlandfalls_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.

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NMLS Mortgage Loan Originator ID 24240

914.494.1459

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260-264 Main Street, Highland Falls (Highlands), NY, 10928

$879,000

Leandra Bradley

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 914.469.5095

Leandra.Bradley@raveis.com

Vincent DiMella

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.494.1459

Vincent.DiMella@raveis.com

NMLS Mortgage Loan Originator ID 24240

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $703,200 $703,200 $703,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $768 $768 $768
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,938 $4,330 $5,839
Total Monthly Payment $4,798 $5,190 $6,699

* 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.