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Originally home to St. Francis Church, this fully renovated and truly one-of-a-kind space offers an unmatched blend of historic character and modern design. Featuring soaring ceilings, dramatic architectural details, expansive open gathering spaces, and updated mini split heating and cooling systems throughout, the property is ideal for a variety of potential uses. Perfect opportunity for a creative studio, wellness or yoga space, event or gathering venue, office headquarters, artist collective, educational use, or live/work setup subject to approvals. The beautifully updated lower level features a modern kitchen and lounge area, while the grand main hall and mezzanine spaces create a striking atmosphere unlike anything else on the market. Conveniently located in the heart of Newburgh with easy access to Beacon and Metro-North service to NYC. Tenant responsible for utilities and verifying intended use with municipality if applicable.
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Our Executive Mortgage Banker:
$5,000
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 | $4,000 | $4,000 | $4,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $1,782 | $1,782 | $1,782 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $25 | $25 | $33 |
| Total Monthly Payment | $1,882 | $1,882 | $1,890 |
* 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.