This 4-season Catskill retreat is situated on a sprawling 32. 8-acre lot and features a total of 27, 500 square feet of space. The property is currently utilized as a Church retreat center, making it suitable for various commercial purposes. The main building features a meeting hall and full commercial kitchen as well as 28 sleeping room. 16 sleeping rooms have ensuite bathrooms and 12 sleeping rooms have shared bathroom facilities on their floor. There are two additional cottages on the property that could be utilized as well as 6000 sf warehouse that almost construction complete and fully approved as a gym or hall. The property also offers plenty of tranquil spots by a stream and throughout the property there are gazebos to enjoy the full nature of this area. This property offers versatile possibilities for commercial use. Its spacious layout and scenic Catskill location make it ideal for a retreat center, luxury resort and hotel and spa, conference facility, educational camp, wellness resort, corporate training center or an event venue. The property's 4-season functionality ensures year-round operability, maximizing its potential for various business models. Situated just 10 miles past Woodstock, this property offers easy access to popular skiing destinations and the renowned Esopus Creek. Its picturesque Catskill setting presents a rare opportunity for investors or businesses looking to establish a significant presence in this sought-after area. Appliances: Exhaust Fan BuildingAreaSource: Public Records, Amenities: Bathrooms, Lobby, BusinessType: Other, Flooring: Ceramic Tile,
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,200,000 | $2,200,000 | $2,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,491 | $13,725 | $18,417 |
Total Monthly Payment | $12,616 | $13,850 | $18,542 |
* 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.