A Marvel Fortress of a Building Envelope sited on 2 Acres with almost 300 Feet of Road Frontage. The property lends itself to development with 45 parking slots and mechanical features in place for residential or turn key business offices, or school. Bonus Federal long-standing tenant in place. Only 4 miles from NYS Thruway Catskill Exit 21. Ground floor features multiple points of ingress and egress, open concept classrooms with four 1/2 baths and kitchenette stations. Second floor features large conference rooms, bathrooms, offices, filing and computer server quarters. CR 23B runs parallel with State Rt. 23. There are currently 4 Electrical Meters and Electric Heat servicing the entire building. Solid structural integrity with room to grow. Municipal Water located in the properties vicinity for future hook-up. Equidistant from Downtown Village of Catskill and Cairo Shopping/Business districts.
2395 Route 23B, Cairo, NY, 12482
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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