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COMMERCIAL SPACE FOR LEASE – 46 South Plank Road, Town of Newburgh. Position your business on one of the Town of Newburgh’s most highly traveled commercial corridors! This first-floor professional office suite offers approximately 850+/- square feet of flexible space, ideal for a variety of professional or medical uses. Previously occupied by a dental practice and most recently an acupuncture office, the layout features a welcoming reception/waiting area, multiple private treatment or office rooms, a restroom, a full bath and ample storage—making it easy to adapt to your business needs. Property highlights include: Tenant pays electric only (landlord covers all other utilities); Ample on-site parking for clients and staff; Highly visible location on South Plank Road (NY-52); Excellent signage opportunity; Easy access to I-84, I-87 (NYS Thruway), Route 300, and the City of Newburgh. South Plank Road is one of the area’s busiest commuter routes, carrying well over 15, 000 vehicles per day in this commercial corridor, providing exceptional exposure for your business. Traffic counts can be verified through the NYSDOT Traffic Data Viewer. This is an excellent opportunity for medical, wellness, counseling, accounting, insurance, legal, or other professional office users seeking a convenient, high-visibility location in the heart of the Town of Newburgh.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,950
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 | $1,560 | $1,560 | $1,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $469 | $469 | $469 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $9 | $10 | $13 |
| Total Monthly Payment | $553 | $554 | $557 |
* 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.