Don't miss this unique commercial opportunity on Route 22. 40.72 commercially zoned acres in one parcel with 10.35 +/- usable acres. The entrance would be from Patterson's main road, Route 311, via a 50-foot-wide driveway. Neighbors are Tractor Supply Co. and Acme Shopping Center on Route 311 and JRS Pharma, Clancy Relocation and Logistics, and the Putnam County National Bank on Route 22. The property is zoned C1, Commercial District, a sample of permitted uses would be self-storage facility, retail stores, research and development, veterinary hospitals, health and fitness centers, indoor and outdoor recreational sports facilities, business and professional offices. An underground conduit is already in place with electric, natural gas and telephone with potential to tie into Patterson’s sewage treatment plant. The 10 +/- usable acres are predominantly level and cleared. The acreage sits above the surrounding terrain with views overlooking a lake which fronts Route 22. The site affords high visibility with the significant frontage on Route 22 with an annual average daily traffic count of 15,953. This property can be sold subject to approval, making this an incredible opportunity.
Patterson, NY, 12563
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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