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Shovel-Ready Industrial Development Site with Rail Access – Montgomery, NY, 12549 Minutes to RT. 84 Approved LAND TO BE BUILT!! Positioned on Bracken Road in Montgomery, this exceptional 4. 3-acre industrial development opportunity is fully approved and ready for immediate construction. With municipal approvals already secured, this ready-to-build property is an ideal fit for investors, developers, logistics operators, and owner-users seeking a strategic Hudson Valley location with direct rail access. The site plan shows a 700 ft rail spur to be added, with the availability to add 700 feet = 1400 feet of rail on site as per the Middletown-New Jersey Railroad. The site offers outstanding regional connectivity and transportation access. A major highlight of the property is its direct railroad spur access, providing rare and valuable logistics advantages for warehousing, distribution, manufacturing, and industrial operations. Approved Development Plans Include: Warehouse 1: 13, 275 SF approved building fronting Bracken Road. Warehouse 2: 12, 000 SF approved building located across the rail line on the back of the lot. Fully approved site plans and municipal entitlements in place Industrial zoning with development-ready infrastructure. Excellent access to major highways and regional and national freight routes to Norfolk Southern and beyond! This prime industrial corridor continues to benefit from strong demand driven by e-commerce, warehousing, and distribution throughout the Hudson Valley and Tri-State region. The surrounding area features a stable workforce, strong household incomes, and proximity to major population centers. Opportunities with approvals, rail access, and immediate development potential are increasingly difficult to find. This is a rare opportunity to accelerate your project's timeline and capitalize on a high-demand industrial market.
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Our Executive Mortgage Banker:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $487 | $487 | $487 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,911 | $8,101 |
| Total Monthly Payment | $6,063 | $6,523 | $8,713 |
* 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.