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PRIME COMMERCIAL OPPORTUNITY- 6328 Route 209, Kerhonkson – 5. 02 Acres total with Big Building & Two Extra Lots If you’ve been looking for a solid commercial spot on 209 with room to grow, this is it. The main piece is the 4, 189 sq ft building most people know as the old Full Moon antique location. With high ceilings and plenty of windows this building has tons of potential for its new business. —retail, office, shop, brewery, whatever you need. What makes this one special is the land: you’re getting the building on its lot plus two additional approved building lots that bring the total to 5. 02 acres. Plenty of frontage on 209, town water and sewer available, and flat terrain that’s easy to work with. Traffic count here is strong year-round (Route 209 is the main road from Kingston to the Catskills), and you’re only a few minutes from Minnewaska, Mohonk, Arrowhead, and all the resorts that keep pulling people up from the city. Zoning is Hamlet Commercial (HC) so just about anything business-related flies—bank branch, restaurant, medical office, fitness center, self-storage, events space, you name it. Taxes are reasonable at roughly $5, 586/year. Owner is ready to move this, so bring your ideas and let’s talk!
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $508 | $508 | $508 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,544 | $3,689 | $4,856 |
| Total Monthly Payment | $4,144 | $4,289 | $5,456 |
* 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.