260-264 Main Street, Highland Falls (Highlands), NY, 10928 | $899,000

Investment Property - 6 units! 2 mixed use buildings on Main Street, in the heart of the historic district in Highland Falls. 260 Main Street features a commercial space (currently Crafty Dee's Canvas), Upstairs 3-bedroom apartment and Basement 1-bedroom apartment. 264 Main Street features a commercial space (currently The Center), Upstairs 2-bedroom apartment and Basement 1 bedroom apartment. Both buildings have had recent renovations to the commercial spaces/shops and lower apartments as well as outdoor patios, decking and fencing.

Features

  • Town: Highland Falls
  • Property Type: Mixed Use
  • Current Use: Commercial, Mixed Use, Residential
  • Construction: Batts Insulation, Brick, Fiberglass Insulation, Frame, Stone
  • Heating: Natural Gas, Baseboard, ENERGY STAR Qualified Equipment, Hot Water
  • Cooling: Window Unit(s)
  • Units: 6
  • Zoning: B1
  • School District: Highland Falls
  • Appliances: Oven, Refrigerator
  • MLS#: H6310648
  • Days on Market: 3 days
  • Buyer Broker Compensation: 3.00%
  • Website: https://www.raveis.com
    /raveis/H6310648/260264mainstreet_highlandfalls_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Leandra BradleyLicensed Real Estate Salesperson

914.469.5095

Leandra.Bradley@raveis.com

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Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 24240

914.494.1459

Vincent.DiMella@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

260-264 Main Street, Highland Falls (Highlands), NY, 10928

$899,000

Leandra Bradley

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 914.469.5095

Leandra.Bradley@raveis.com

Vincent DiMella

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.494.1459

Vincent.DiMella@raveis.com

NMLS Mortgage Loan Originator ID 24240

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,861 $4,254 $5,924
Total Monthly Payment $3,953 $4,346 $6,016

* 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.