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32 Gibbs Court | Wallkill, NY Prime 3. 20 Acre Commercial Development PAD on 7. 5-acre lot Opportunity in the Heart of Wallkill Unlock the full potential of this premier 3. 20 PAD on a 7. 5-acre commercial parcel, ideally located in the thriving Town of Wallkill. Situated within the highly desirable Town Center District, 32 Gibbs Court offers a rare development opportunity with broad zoning flexibility, allowing for a wide range of commercial uses. The property is cleared and level and benefits from completed infrastructure, including road access and the availability of municipal water, sewer, natural gas, and electric services. This site is ideally suited for high-demand projects such as: Hotel or Extended-Stay Lodging Gas Station with Convenience Store Car Wash or Quick-Service Retail Self-Storage Facility Assisted Living or Nursing Home Medical or Professional Office Complex Strategically positioned behind Raymour & Flanigan and near major retail hubs like the Orange Plaza and the Galleria at Crystal Run, this location offers both visibility and convenience, with easy access to Route 211, I-84, and Route 17. Property Highlights: 7. 5 Acres | Town Center Zoning Level, Cleared, and Corner Lot Public Utilities Available High-Traffic Retail Corrido
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Our Executive Mortgage Banker:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,392 | $8,020 | $11,050 |
| Total Monthly Payment | $7,517 | $8,145 | $11,175 |
* 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.