12, 200 Sq/ft professional office/medical building situated on 1. 50 acres with an adjacent 1- acre vacant commercial parcel (21 Cerone Place) available for expansion, parking, or future development. The property is ideally suited for healthcare, social services, corporate/professional office, behavioral health, nonprofit, or institutional use. The building features a highly functional interior layout with multiple private offices, a full commercial kitchen, team suites, administrative areas, conference space, IT rooms, records/archive storage, break room, and dedicated support areas (copy room, laundry, housekeeping, scheduling, and operations). The current configuration supports multi-department operations under one roof with secure record areas and multiple controlled exits. Extensive on-site asphalt parking accommodates staff, visitors, and service vehicles. The site is located in a professional corridor near Little Britain Road, with convenient access to Route 9W, I-84, and regional healthcare providers. 21 Cerone Place parcel (+/- 1 acres) provides flexibility for additional parking, new construction, outdoor programming, or future redevelopment (see attached plans), making this a rare assemblage opportunity in the City of Newburgh.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,895,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,516,000 | $1,516,000 | $1,516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,371 | $9,089 | $12,589 |
| Total Monthly Payment | $8,496 | $9,214 | $12,714 |
* 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.