LOCATION LOCATION LOCATION! PRIME COMMERCIAL POTENTIAL STEPS FROM ROUTE 9! Two Properties Available Together an unparalleled 13-acre site in Cold Spring, ideally suited for commercial investment or industrial use. Zoned for industrial purposes, this property provides a rare opportunity for building a warehouse, distribution center, or other commercial facilities, with excellent accessibility, just under 2 hours from NYC. For the first time in almost 40 years, these two properties, protected within an agricultural zone, are now on the market. The land includes a post-frame home with a separate mother-in-law suite, adaptable for on-site management or guest accommodations. With expansive agricultural acreage, the land also opens up possibilities for eco-friendly, sustainable ventures. Outbuildings include a historic repurposed 1771 Church, a high-capacity 22 kW solar system, two septic systems, and a private well bringing added value to potential developers. Whether you're aiming to develop a commercial hub or invest in a property with unique versatility, this dual offering presents a rare find. Secure this prime, centrally located retreat today and shape it to meet modern business needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,600,000
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 | $2,080,000 | $2,080,000 | $2,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $2,173 | $2,173 | $2,173 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,974 | $13,147 | $17,552 |
Total Monthly Payment | $14,271 | $15,444 | $19,849 |
* 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.