Incredible Opportunity in West Haverstraw! Calling all investors and business owners, this is your chance to own an almost acre of prime land in the heart of West Haverstraw's bustling commercial district, right on the main thoroughfare, Route 9W, across the renowned Helen Hayes Hospital. The property is commercially zoned, making it a remarkable investment prospect. Enter the expansive 5, 800 sq. ft. building, currently classified as mixed-use. The main residential portion of the building boasts a spacious living room, a generous dining room, a large well-appointed kitchen, and a substantial bedroom with an accompanying full bathroom on the first floor. Ascend to the second floor to discover three additional bedrooms and two more full bathrooms. The basement offers untapped potential, providing ample unfinished space and a two-car garage. But there's more to this property! The first floor also encompasses a dedicated commercial section, ideal for various business ventures. Inside, you'll find a welcoming foyer, a dressing room with a half bathroom, and another expansive room. At the heart of it all, you'll encounter the grand oversized studio room with soaring double-height ceilings, a balcony with additional office space overlooking the main ballroom, and another room with access to an oversized porch. This unique property is a canvas for your vision and endeavors. Don't miss this opportunity to secure a valuable piece of land in a prime commercial location. Come see it for yourself and seize this exceptional investment!
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Our Executive Mortgage Banker:
Our Insurance Division:
$779,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $623,200 | $623,200 | $623,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $2,358 | $2,358 | $2,358 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,251 | $5,386 |
Total Monthly Payment | $6,649 | $6,701 | $7,836 |
* 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.