Super commercial location with close proximity to Route 17 exit ramps, shopping, service stations, and more. High visibility only a quarter mile from the Racetrack NYS Route 17/ Interstate-86 and on Gateway NYS Route 17B corridor. Two lots, close to 5 acres, with two homes. Houses both need updates and repairs and have been rented for years. One has four bedrooms and one has one+ bedroom on 1.87+/- acres. The second lot, which is 3.05+/- acres is vacant and has an existing well. Build a commercial venture on one and keep the other two as income units, office space or combine the lots for a larger footprint. Zoning is CI, Commercial Industrial, allowing many uses subject to site plan approval.
275-277 Route 17b, Monticello, NY, 12701
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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