Property is +/- 6.78 Acres/ 294,553 SF; Located along the easterly side of Windsor Highway between Union Avenue and Devitt Circle in the Town of Windsor. It is zoned wholly within the High Commercial District ("HC"). Previously approved to be developed into a 4-Story 117,365 SF Assisted Senior Living Facility that will operate 79 private pay assisted living beds in 63 units, 24 assisted living program (A:P) beds in 12 units and 85 memory care beds in 57 units on secure wings. Approvals are in place for a 132-unit, 188-licensed-bed assisted living facility. It is possible, without additional approval from the Town, to convert 24 or 48 units from memory care beds to assisted living. ID: 334800.009.025; Lot: 15; Block: 1; Taxes: +/-$25,000; Owners are open to holding paper for a short period from a qualified buyer. Potential for senior housing approval.
139 Windsor Highway, New Windsor, NY, 12553
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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