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Rare opportunity to lease a one-story concrete warehouse in Mount Vernon, NY, with a Certificate of Occupancy for Manufacturing and Fabricating. Approximately 2, 100 sq ft of open floor space featuring 16-foot clear ceiling height, skylight for natural light, grade-level access with a 10x12 overhead roll-up door and walk-in entry, and heavy 3-phase 150-amp electric service. Private office and bathroom on-site. Water included — tenant pays electric. No property taxes are passed to the tenant. The roof is approximately 8 years old. Tenant improvements permitted within the existing C of O. On-site parking plus street parking available. A secluded, well-equipped space ideal for contractors, tradespeople, fabricators, and end users. The owner is open to a purchase offer (which includes the three-family home on the property) from the right tenant, making this an exceptional lease-to-own opportunity for an operator seeking long-term stability and a path to ownership. Available immediately. Building insurance required. The address to space is 31 New Haven Railroad St in Mt Vernon. Survey provided in the documents tab. The cream garage attached to the property in the second photo is the neighboring property, not the listed property. Buyer to do due diligence on the property.
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Our Executive Mortgage Banker:
$4,650
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 | $3,720 | $3,720 | $3,720 |
| 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% | 6.524% | 5.866% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $22 | $23 | $31 |
| Total Monthly Payment | $97 | $98 | $106 |
* 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.