Perfect location for warehouse distribution center/ manufacturing in the Sullivan County Catskills! Strategically positioned for enormous exposure fronting both the entrance ramp to State Rt 17 (I-86) as well as the Interstate itself. Easy access with large frontage also on municipal roadway for trucks/ vehicles ingress and egress. Frontage also allows for possible subdivision if desired. The high visibility and potential access to municipal sewer (to be verified) make this a perfect site for a hotel, affordable housing units, apartment complex, as well as a warehouse facility, etc. (subject to approvals). Land is mostly level with some slope. Abutting the Monticello Raceway property and a short drive to the Center for Discovery and The Catskill Regional Medical Center in Harris, which are two very large employers in the county. Minutes to Monticello business district, shopping, busy intersections, Catskills Resort World Casino, Yoga Center and Kartrite Water Park. Bethel Woods is 10-15 minutes away. This is a fabulous location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,157 | $8,304 |
Total Monthly Payment | $5,803 | $6,282 | $8,429 |
* 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.