CALLING all BUSINESSES and INVESTORS to seize this opportunity to own a 7,348 sq ft commercial building strategically located on the bustling 9W corridor in the Town of Esopus. The 7348 sq ft is currently configured as 5 professional office and retail suites. 3 suites are currently occupied providing immediate cash flow. The 2 available office or retail suites are large and ready to use. Plus there is over 3300 unfinished sq ft upstairs ideal for storage or expansion.
Situated on 1.1 acre with high traffic counts. just 2 hrs from NYC and minutes from Kingston, Highland, New Paltz and Poughkeepsie.
Oh, I forgot to mention there is ample parking with 2 large parking lots located on either side of the building AND
OWNER is willing to hold mortgage with 200,000 DP, making this a rare and accessible entry into the Ulster County commercial market
447 Broadway, Esopus, NY, 12429
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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