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Prime commercial opportunity at the southern gateway to the Village of Ellenville. This 2. 6 acre offering, consisting of two parcels, is ideally positioned to capture strong northbound traffic flow from travelers heading upstate, providing exceptional visibility along a key approach into the Village's commercial corridor. The property features extensive frontage on both US Route 209 and Country Club Road, with two existing curb cuts on Route 209 and a separate access point from Country Club Road, allowing for excellent ingress, egress and flexible site circulation. Currently improved with three separate commercial buildings totaling approximately 6, 000 square feet along with two mobile homes, and an 11, 000 square foot pad the site offers multiple income streams and additional upside. The mobile homes benefit from separate access off Country Club Road, enhancing usability and future planning flexibility. Zoned B3, the property supports a wide range of commercial uses including retail, restaurant, professional offices, medical and personal service establishments, making it well suited for investors, developers, or end users. Municipal water and sewer are in place, further supporting redevelopment potential and simplifying future planning. Generate income now while you plan what's next. Maintain the current income-producing improvements, or reimagine the site to fully capitalize on its' location, zoning, and acreage. A rare opportunity to secure a high-visibility commercial site with infrastructure, income, and long-term upside in the Ellenville market.
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Our Executive Mortgage Banker:
$799,000
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 | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,828 | $3,988 | $5,265 |
| Total Monthly Payment | $3,920 | $4,080 | $5,357 |
* 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.