Be a part of the Catskill Renaissance with this Central Main Street opportunity. 398 Main is located in Catskill's vibrant downtown surrounded by local shops and eateries. The location allows for maximum exposure to all visitors and locals alike, and is directly across from the Greene County DMV and other government offices. With Neoclassical architecture and Georgian design windows, 398 Main stands out and apart from the rest. All original facade charm is intact while the interior's blank slate has an industrial feel on the second and third floors. This building has been home to the Greene County Council on the Arts for over 45 years, a staple of the local fabric. Now known as CREATE Council on the Arts, they have expanded to 3 counties and are looking to spread their wings. The GCCA used the first floor as gallery space, the second floor for offices, and the third floor as an artist studio. There is an interior staircase from the first floor to the second, with a rear exit on the back of the second floor which comes out at ground level, due to the building being built into a hill. The third floor has its own access from the back of the building. There is also a tall attic space that spans the entire footprint. Although the building has been used commercially for years, there is potential for residential use on the second and third floors. Catskill's growth has been steady and sure footed, as many entrepreneurs have discovered this great village on the Hudson and have made it a place where they live and work.
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:
Our Insurance Division:
$549,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.695% | 6.649% | 5.764% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,528 | $2,773 | $3,586 |
Total Monthly Payment | $2,620 | $2,865 | $3,678 |
* 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.