The property is improved with a freestanding 1 story concrete block with stucco veneer building built c. 1952 on a level, at grade, lot with a blacktop driveway which leads to parking for 4-5 vehicles in the rear of the building. The building has a lobby with two rooms for office space, a lavatory and warehouse space. The warehouse ceiling height is approximately 10'3". The warehouse is accessed through the office space or through a manual roll up door (8'10" w X 8'2" h) which is in front of the building. There is also a manual roll up door on the rear of the building that is currently covered over with sheetrock in the interior of the building. Property is located in a residential neighborhood and is a legal non-confirming Warehouse with C.O. for Warehouse Storage/Distribution. Please verify use with the Village of Port Chester.
217 Madison Avenue, Port Chester, (Rye), NY, 10573
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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