Nestled in the heart of charming Peekskill, this property offers so many options! Live here/work here, or an excellent investment property. It's the perfect canvas to paint your dreams and bring your ambitions to life. All it needs is a little TLC to transform it into the peaceful oasis you desire. All the major restaurant equipment shown is included! Previously operated as a pizza restaurant with a large 2-bedroom (lives like a 3) apartment above with separate electric and gas meters. New Biasi boiler and water tank. Your imagination can create other uses including Bakery, Deli, Market, Restaurant, Offices etc. Rent out all or part of the basement. Rent out the yard. Lot starts at Highland and goes to Harrison. Fenced in yard with a gate large enough for vehicles. Conveniently located within downtown Peekskill's lively shops, restaurants and parks. You'll never run out of things to do or customers to serve. Owners are retiring. Now it's your turn!
523 Highland Avenue, Peekskill, NY, 10566
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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