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99 Fieldstone Drive is a distinguished 15, 650sqft, single-story medical/office building situated on a 0. 92-acre lot in Greenburgh/Hartsdale, built in 1960 . Strategically positioned with 44 on-site parking spaces, this property fulfills modern operational needs while offering significant upside potential. Location & Accessibility • Located in the vibrant Hartsdale commercial corridor, known for its strong demographic appeal and proximity to major hubs. • Easy access to the Metro-North Harlem Line, central commuter highways, and local amenities—capitalizing on Hartsdale’s Walk Score of 77, denoting a very walkable neighborhood . • Close to established medical tenants like Glastein & Palacio Dental Group and Westchester Pediatrics, enhancing the appeal of a medical-use repositioning . Building Features • Spacious single-floor layout—6, 800sqft per wing—ideal for flexible re-tenanting. • Class C construction; prime for renovation or cost-efficient updates. • Equipped with natural gas heating, central air conditioning, and basement storage . • Signage opportunities at the front façade increase visibility and brand presence . Investment & Financials • current annual property taxes approximately $26, 020 with tax exemption , $33, 986 without tax exemption . • Assessed market value is way over $1. 9million, potential cap rate is greater than 10% , excellent long term two tenants and new update vacant two offices available for lease or owner use , providing strong buying fundamentals . • Freestanding layout with multiple tenancy potential enhances income diversification.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,980,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,584,000 | $1,584,000 | $1,584,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $4,624 | $4,624 | $4,624 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,383 | $9,244 | $12,943 |
| Total Monthly Payment | $13,132 | $13,993 | $17,692 |
* 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.