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REDUCED!! Commercial Mixed-Use Property on 2 Acres – Auto Sales, Service & Residence in New Windsor, NY! Listed uses on the stamped site plan include Auto Sales, Used Auto Sales, Leasing, and Financing. Auto Repair, Auto Wholesale, Recovery, Prep. and Residential. Exceptional opportunity to own a mixed-use auto business on two acres of prime commercial real estate in a high-traffic location, with a 14, 000-car-per-day traffic count! The property features four separate buildings, all updated with C/O in 2023. Building 1 – Auto Sales (1, 161 sq. ft. ): Sales office with conference room, additional office, ADA-compliant bathroom, large windows. Parking for approx. 70 vehicles. Building 2 – Auto Mechanic Garage (2, 088 sq. ft. ): Three bay drive-in doors, office, bathroom, waiting area, and three lifts (15, 000 lb. and two 10, 000 lb. ) Building 3 – Auto Body Shop (1, 816 sq. ft. ): Office, reception area, and body shop space with parking for approx. 35 vehicles. Building 4 – Residence (676 sq. ft. ): Two-bedroom, one-bath home with unfinished basement, electric and propane utilities. Additional highlights include Phase 3 electric, municipal water and sewer, natural gas, and fenced car storage/impound area. Income-producing property offering auto sales, service, bodywork, and residential living in one location. The business and inventory are not include in the sale but could be purchased separtely.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,690,000
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 | $1,352,000 | $1,352,000 | $1,352,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.984% | 5.689% |
| Monthly Tax Payment | $1,652 | $1,652 | $1,652 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,466 | $7,998 | $11,137 |
| Total Monthly Payment | $9,243 | $9,775 | $12,914 |
* 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.