NNN-leased ambulance facility projecting $90,735 in Year 1 NOI under the First Renewal Term, running through June 2029 with one additional 3-year option through June 2032. Tenant has executed First Renewal Term amendment under identical terms, with the corporate guaranty expressly extended. One of three stabilized ambulance facilities available across Newburgh, Middletown, and Kingston, individually or as a portfolio assembly (69 Dickson St, 31-59 Peach Pl, 52-60 Cornell St).
Heating:
Forced Air, Heat Pump, Natural Gas, Propane
Parking:
28-car, Parking Lot
Construction
Block, Brick
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Propane, Sewer Connected, Water Connected
Lot Description:
Level, Paved
69 Dickson Street, Newburgh, NY, 12550
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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