PRIME GATEWAY DEVELOPMENT OPPORTUNITY! 65 ACRES WITH HIGH TRAFFIC COUNTS & VISIBILITY (FRONTS MADISON RD AND ROUTE 29) OVERLOOKING LAKE PELHAM. PRICE REFLECTS HIGHEST & BEST USE AND WOULD REQUIRE A RE-ZONING FROM CURRENT R.E. ZONING. IDEAL LOCATION FOR COMMERCIAL SVCS, APTS, OFFICE PARK(S) AND HOTEL/CONVENTION POSSIBILITIES.
The approximate monthly Principal & Interest payment for this property would be $91,832. This payment is based on a 30-year loan at a fixed rate of 3.78 % with a down payment of $2,190,000. Actual lender interest rates and loan programs may vary.
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