Conveniently located in the heart of the Hudson Valley, nestled in the pristine Rondout Valley and zoned for business, this 3. 53-acre parcel offers a rare and exciting opportunity to capitalize on the area's growth and demand. This property provides visibility and versatility. The business zoning allows for a variety of applications and uses, including health care practice, restaurant, retail and service establishments, agricultural retail sales, health club and more. Strategically situated at the highly visible intersection of State Route 209 and Kyserike Road, this prime location boasts a daily vehicle count of 9, 470 according to NYS DOT estimates. Route 209 serves as a vital transport corridor, connecting the NYS Thruway and Kingston to Port Jervis, Route 84, and beyond. The Rondout Valley Central School District Campus is just 1/2 mile away, bringing hundreds of employees and students past twice daily during the school season. This parcel is located in a thriving community, at the crossroads of several popular tourist destinations and offers the perfect blend of high visibility, accessibility, and potential. Situated just 90 miles from Metro NY, this property is ideal for businesses looking to serve both locals and visitors alike. Don't miss this chance to make your mark in one of the most vibrant and scenic regions in the state.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $2,603 | $2,601 | $3,280 |
* 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.