Presented by![]() Fermin Vidal |
Discover an exceptional opportunity to establish your business in the heart of the thriving Catskill commercial district. This prime . 40-acre parcel of land is a blank canvas awaiting a visionary entrepreneur or investor looking to capitalize on a location with unparalleled potential. The site boasts pre-approved plans for a restaurant or fast-food establishment, providing a head start for those in the food service industry. With both curb cuts and ingress/egress arrangements already in place, accessibility is a given. The property ensures a smooth operational flow for both customers and deliveries, an essential factor for any bustling enterprise. Convenience is amplified with municipal water and sewer services available at the ready, enabling a seamless setup of your infrastructure. Ample parking space promises an inviting customer experience, free from the hassle of limited parkinga significant draw for patrons in any business. Positioned for success, the land is set across from a high-traffic lineup of established retailers, including Walmart and Lowe's, as well as a variety of restaurants and banks. This guarantees your business high visibility and footfall, nestled within a well-frequented shopping destination. Moreover, with two distinct access points, the property allows for versatile development plans, and being just minutes away from the Catskill NYS Thruway Exit 21, it offers easy accessibility for visitors coming from near and far. The proximity to Saugerties and Hudsonboth only 10 minutes awayextends your reach to neighboring communities, expanding your potential customer base. Seize this rare chance to position your business for success on a property that promises a flourishing future in Catskill's bustling commercial landscape.
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
Broker Associate
William Raveis Real Estate
Phone: 203.970.0404
Fermin.Vidal@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $758 | $798 | $1,013 |
Total Monthly Payment | $833 | $873 | $1,088 |
* 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.