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New price adjustment!! Ideally situated near Interstate 84, the Taconic State Parkway, and iPark 84, this versatile property offers over five acres of land in a prime commercial corridor. Located just minutes from major employers, retail centers, and ongoing development, the site provides excellent accessibility and long-term investment potential. Currently operating as a daycare, the building features pristine hardwood floors, exposed wood beams, and a well-maintained structure that can easily adapt to a variety of commercial uses. Recent upgrades include a new roof, windows, siding modifications, boiler, high-end chlorination system, and external fire escape. The property holds an as-built permit and daycare usage permit issued in late 2024. Zoned R1 Historic Structure, this property presents multiple possibilities, including office space, boutique hospitality, co-working, retail, or creative studio space. Its strategic location near major roadways and ongoing commercial growth makes it an attractive option for investors or business owners looking to establish a presence in East Fishkill.
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $2,453 | $2,453 | $2,453 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,307 | $4,739 | $6,530 |
Total Monthly Payment | $6,852 | $7,284 | $9,075 |
* 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.