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Presented by
Kristen Cuddy |
220 Sawkill Road, Kingston, NY, 12401 | $5,000
Prime commercial development opportunity now available at 220 Sawkill Road, Kingston, NY. This exceptional 7. 5± acre site is offered as a NNN ground lease at FIVE THOUSAND DOLLARS per month, providing an outstanding opportunity for developers, investors, or end users seeking a highly accessible location in the Hudson Valley. The property is also listed for sale and would be delivered with approved plans for approximately 35, 000 square feet of commercial development, currently designed as two buildings totaling 8, 000 SF and 27, 500 SF. The approved plans can be modified to accommodate a tenant's specific operational needs, including office, warehouse, flex, distribution, light industrial, or mixed commercial uses. The proposed layout also includes the potential for 50+ parking spaces. In addition to the approved development footprint, the property offers air rights equivalent to approximately two additional acres, presenting future expansion potential, subject to municipal approvals. Strategically located just minutes from New York State Thruway Exit 19, the site provides exceptional regional connectivity with immediate access to Routes 209, 199, 28, and 9W, as well as the Kingston-Rhinecliff Bridge. The location is approximately 90 minutes from the George Washington Bridge, 40 minutes to Interstate 84, and less than one hour to New York's Capital Region, making it an ideal hub for regional commercial operations. This is a rare opportunity to secure a well-positioned development site through a long-term NNN ground lease, allowing tenants to customize improvements while benefiting from a premier Ulster County location.
Features
- Property Type: Unimproved Land
- Construction: Other
- Utilities: None
- Heating: None
- Cooling: None
- Acreage: 7.5
- Est. Taxes: $4,195
- School District: Kingston
- Lease Term Type: Negotiable
- MLS#: 1024324
- Days on Market: 0 day
- Website: https://www.raveis.com
/prop/1024324/220sawkillroad_kingston_ny?source=qrflyer
William Raveis Family of Services
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.
Kristen CuddyLicensed Real Estate Salesperson
914.261.3935
Kristen.Cuddy@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Jennifer HartRegional Sales Manager, William Raveis Insurance
978.457.6220
Jennifer.Hart@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
220 Sawkill Road, Kingston, NY, 12401
$5,000
Kristen Cuddy
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 914.261.3935
Kristen.Cuddy@Raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $4,000 | $4,000 | $4,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $350 | $350 | $350 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $24 | $25 | $33 |
| Total Monthly Payment | $449 | $450 | $458 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535