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TOWN OF HIGHLAND - FOR SALE - FULLY EQUIPPED UPDATED PROPERTY - SALE INCLUDES: REAL PROPERTY, EQUIPMENT, ACTIVE RESTAURANT WITH FULL LIQUOR LICENSE PLUS A SPACIOUS APARTMENT. Be part of this beautiful up and coming town in a lovely setting with walkways. A nostalgic all-American town located right off of Route 9W, the Mid-Hudson Bridge and the famous Walkway Over the Hudson State Park and just a few minutes drive from New Paltz and the Poughkeepsie Metro North Train Station. Center of town successful active restaurant with some outdoor seating, basement for extra storage and utility room. 10' x 8' walk-in, 15' hood with fully equipped kitchen. . . Updated newly renovated building with driveway and fresh look and character. . . 4-bedroom and 2-bathroom spacious apartment upstairs with separate access can accommodate the new owner-operator or can be a rental investment. Location has been an eatery for many years and the last 15 years for the current owner and operator who is ready to retire. Approximately total sq. ft. of the building is 3, 375' from that approximately 1750' sq. ft. is the restaurant on one level and 1625' sq. ft. is the apartment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,999
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 | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.750% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.761% | 6.865% | 6.560% |
Monthly Tax Payment | $693 | $693 | $693 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,732 | $5,189 | $6,914 |
Total Monthly Payment | $5,517 | $5,974 | $7,699 |
* 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.