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20, 340 +/-sqft stand-alone religious facility with 10, 000 +/- sqft parking lot and a playground. The property is comprised of three lots totaling 3. 38 +/-acres in the Village of Monroe. The facility is located a few short minutes off of route 17 at the mouth of the Villages of Monroe, NY and Kiryas Joel, NY. Currently operated as a Synagogue, the facility has a sanctuary, a social hall, a library, offices and two restrooms, all located on it’s main level. The sanctuary and social hall each have seating capacity for approximately 250 people. Accessed through a set of pass-through doors, the social hall features a full commercial kitchen with all major appliances included in the sale. The building has a full, finished, walk-out basement set up as a school with 12 classrooms of varying sizes, each with a capacity for about 20 students. There are several bathrooms on this level as well. The collective property is located in the SR-10 zoning district which allows for uses in the following ways: places of worship (community or neighborhood), agriculture, bed-and-breakfast, community recreation, gathering place, one-family detached dwelling, or school. The main structure was built in 1956 and renovated in 1986. Vaulted ceilings throughout. Situated on scenic tree-lined lot. See 3-D Virtual tour link in listing.
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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 | $4,400,000 | $4,400,000 | $4,400,000 |
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 | $4,471 | $4,471 | $4,471 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,297 | $26,735 | $36,833 |
Total Monthly Payment | $28,893 | $31,331 | $41,429 |
* 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.