8 Kings Highway, Chester, NY, 10918 | $1,499,000

Welcome to 8 Kings Highway, Chester, New York - a prime 3. 75 acres of commercial land presenting an exceptional investment prospect. Positioned strategically on Kings Highway, this expansive property offers a myriad of opportunities for investors and developers looking to establish a significant presence in a thriving commercial landscape. With its favorable zoning for commercial use, this property invites imaginative possibilities. Access to utilities and essential services nearby streamlines the development process, making it convenient for transforming this land into your envisioned project. Close proximity to Legoland New York and Woodbury Commons Premium Outlets, as well as local amenities, transportation routes, and a vibrant community. Don't miss out on the chance to secure a substantial piece of commercial land in an area poised for growth and success. Whether you're an investor seeking promising opportunities or a developer with ambitious visions, 8 Kings Highway beckons as a canvas for realizing your commercial aspirations. Owner financing is available. Schedule a viewing today and explore the vast potential this prime commercial property holds in Chester, New York.

Features

  • Zoning: Other
  • Elem. School: Chester Elementary School
  • Middle School: Chester Academy-Middle/High School
  • High School: Chester Academy-Middle/High School
  • School District: Chester
  • MLS#: H6283343
  • Days on Market: 110 days
  • Website: https://www.raveis.com
    /prop/H6283343/8kingshighway_chester_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

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Nicole J Bates - NicoleJBates TeamLuxury Properties Specialist

203.912.9778

njb@nicolejbates.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8 Kings Highway, Chester, NY, 10918

$1,499,000

Nicole J Bates - NicoleJBates Team

Luxury Properties Specialist

William Raveis Real Estate

Phone: 203.912.9778

njb@nicolejbates.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,199,200 $1,199,200 $1,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.377% 6.851% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,190 $7,778 $10,446
Total Monthly Payment $7,315 $7,903 $10,571

* 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.