Prime 12-acre Land Lot right off Route 32 in Catskill - Ready for Your Vision! Discover a versatile 12-acre commercial lot (easily convertible to residential) situated on the bustling Route 32 in the scenic Catskill region. Perfectly located, this property is a mere 20 minutes from Hunter Ski Resort, 25 minutes from Windham, and under 15 minutes from the charming villages of Catskill and Saugerties, as well as their respective Thruway exits. Boasting a new survey and a comprehensive Land Use Analysis, this lot offers unparalleled flexibility for a variety of projects. Whether you envision constructing your dream home, a spacious barn, a vibrant retail space, or charming rental cottages, this land provides the ideal canvas. The property is partially cleared with a road already established, showcasing stunning mountain views that inspire tranquility and creativity. The combination of its prime location, the recent groundwork laid for development, and its natural beauty, makes it a rare find for investors, developers, and dreamers alike. Ready for transformation, this plot invites you to bring your vision to life in the heart of the Catskills. Agent is the owner of the property.
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Our Executive Mortgage Banker:
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$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.308% | 6.644% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $967 | $943 | $1,210 |
Total Monthly Payment | $1,042 | $1,018 | $1,285 |
* 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.