Attention Investors- Unique Opportunity to own 3 parcels located in the heart of the northern Catskills in Greene County, NY. Properties consist of a commercial bldg, a two family home & expansive parking area located on a busy state road with a traffic count of 3, 600 vehicles per day. The two family home is gutted to the studs and a blank slate for your vision. There is a covered porch to the front & a lovely back yard w/ mountain views to the rear. The home now just needs the right owner to restore it to its original circa 1900's splendor. The owner of the thriving & high volume auto repair shop has been serving the local community as well as the surrounding counties for 43 years! This is a turn-key operation with the potential to grow the business. Inventory, tools & equipment convey with sale. The site can continue in its current practice or be re-imagined for a different venture altogether, there are a multitude of options; restaurant, brew pub having two rental units for a positive cash flow and return on your investment. Distance from GW Bridge, NYC- 2hr 15min Albany Airport - 45 min Hudson (Amtrak) - 35 min Windham Ski - 30 min
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $3,988 | $5,063 |
Total Monthly Payment | $4,185 | $4,080 | $5,155 |
* 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.