This large commercial property is in a prime location on route 9 in Red Hook and offers incredible commercial potential. The building has approximately 6200 square feet that was once used as an open warehouse and currently has been used for offices. The front area has ample parking and a glass entrance to the building with good indoor visibility. There are two kitchenettes and one central bathroom, along with separating walls that can easily be reworked or removed. This property offers a range of potential and opportunities. Two tenants occupy the building under a one year lease.,Current Use:OFFICES,Number of tenants:2,Number of Overhead Doors:0,BusIncld:No,ROOF:Rubber,Heating:Zoned
7401 Broadway, Red Hook, NY, 12571
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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