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90-98 Boices Lane, Kingston, NY, 12401 | $8,000,000
PLEASE NOTE its also available FOR LEASE, please reach out for Price. This is a Rare Opportunity to acquire a massive warehouse in top-notch condition at a very reasonable price. Formerly an IBM complex, this property is currently undergoing redevelopment and offers exceptional potential, This well-equipped industrial building offers 105, 113 sq. ft. of space on a 2. 3-acre lot, ideal for manufacturing, warehousing, or distribution. Ceiling heights range from 20 to 24 feet, with a versatile drop-ceiling research and break room formerly used by IBM, which can remain or be removed to maximize vertical clearance. The property features three 8’x10’ loading docks and one 14’x14’ drive-in door, providing excellent access for shipping and receiving. It is equipped with heavy electric power, fully sprinklered, and serviced by municipal water and sewer. Additionally, it offers convenient access to CSX Rail, making it a strategic choice for logistics and operations. , Strategically located just five minutes from NYS Thruway Exit 19, this warehouse offers convenient access to major transportation routes. With a strong labor force available in Kingston, this property is a prime opportunity for businesses looking to expand or relocate. This property is move-in ready and adaptable for a range of industrial uses
Features
- Property Type: Warehouse
- Construction: Other
- Utilities: Electricity Connected
- Levels: 1
- Heating: Forced Air
- Cooling: None
- Acreage: 2.3
- Est. Taxes: $125,585
- MLS#: 842462
- Days on Market: 36 days
- Website: https://www.raveis.com
/prop/842462/9098boiceslane_kingston_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
90-98 Boices Lane, Kingston, NY, 12401
$8,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $6,400,000 | $6,400,000 | $6,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
| Monthly Tax Payment | $10,465 | $10,465 | $10,465 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $36,339 | $40,980 | $54,007 |
| Total Monthly Payment | $46,929 | $51,570 | $64,597 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535