Motivated seller! Retiring! One of Catskill's most highly visible locations at the proverbial fork in the road that takes you south to Saugerties NY and West to Palenville and the Mountain Top featuring Haines Falls, Tannersville, and Hunter Mountain!! Over 2, 000 square feet split into two units with separate utilities and separate bathrooms. A completed CLEAN phase II environmental study is available upon request. The whole building is currently owner-occupied and outfitted board of health approved full dishwashing, three bay sink, a spill sink, and separate hand washing sink. Additional food prep, front counter, waiting area, and bathroom with full marble shower, and washer/ dryer hook ups. Other recent upgrades are 50 Gallon high efficiency hot water heater, new roof with full ice and water shield beneath it. New soffits and electric has been fully upgraded with additional outlets connected directly back to the service panel. Along with the electrical upgrade every room has internet and connected to the Volp (voice over internet protocol) Get your pop-up kitchens going in this space for the full carryout dining experience! Take advantage of the location being next to one of the busiest car dealerships in the surrounding Counties and all the daily traffic through Catskill's robust commercial business district.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.500% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.051% | 7.295% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,791 | $2,689 | $3,450 |
Total Monthly Payment | $2,866 | $2,764 | $3,525 |
* 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.