Investment Portfolio Opportunity in Prime Downtown Mt Kisco for this LANDMARK SITE with 4 separate buildings: 6 Residential Units, 1 Very Large Multi Office Business Space, Detached Commercial Space, Oversized Barn Garage, and a Newly Built Private Parking Lot! Remarkable investment opportunity and first time on the market- this expansive portfolio of 4 buildings, ideally situated adjacent to the train station in the heart of downtown. This prime location boasts 6 spacious residential apartments and two thriving commercial spaces, offering a perfect blend of urban living and business potential. Key Features: Prime Location: Steps away from the train station, ensuring easy access for residents and customers alike. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance. Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area. Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams. Capitalize on the demand for housing and business space in a rapidly growing downtown area in bustling Mt Kisco. Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses. This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don't miss out on this opportunity to own a landmark property in Mt Kisco- known as the Big Little Village!
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Our Executive Mortgage Banker:
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$3,600,000
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 | $2,880,000 | $2,880,000 | $2,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $5,000 | $5,000 | $5,000 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,807 | $18,441 | $24,498 |
Total Monthly Payment | $21,932 | $23,566 | $29,623 |
* 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.