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This 6. 96-acre commercially zoned (CO) development site offers easy access and unobstructed visibility and easy access to Route 17/I-86 corridor, a primary transportation artery seeing over 60, 000+ vehicles daily. Situated just 60 miles from New York City and in close proximity to the I-87/I-84 interchange, the property is positioned as a strategic logistics and distribution hub within the Hudson Valley’s primary growth zone. The site consists of two combined lots on the Goshen-Chester town line and features two existing access points with gravel driveways for established ingress and egress. Existing utilities on site are currently serving a vacant residence and barn. Flexible CO zoning supports a variety of uses, including warehouse, self-storage, office, mixed-use or multifamily residential. A comprehensive self-storage market study has already been completed, confirming robust demand for self-storage and supporting concept plans for a 100, 000 SF, two-story climate-controlled facility. Alternatively, concept plans for a 50, 000–70, 000 SF warehouse are also available, reflecting the site's versatility for logistical operations. This site presents a unique, data-backed investment opportunity with significant long-term equity potential as regional demand continues to drive commercial expansion in the area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,675,000
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 | $1,340,000 | $1,340,000 | $1,340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.110% | 5.932% |
| Monthly Tax Payment | $828 | $828 | $828 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,296 | $8,034 | $11,128 |
| Total Monthly Payment | $8,249 | $8,987 | $12,081 |
* 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.