Prominently located in the vibrant, picturesque hamlet of Barryville, this iconic multi use property is impossible to miss. Perched atop a sprawling manicured lawn, the property enjoys indoor and outdoor dining, ample parking, and prime visibility on three high traffic roads. The expansive first floor was most recently configured as the illustrious Barryville General, a highly profitable general store which received over 28, 000 transactions in 2022, bringing in over $600, 000 and has since expanded to the Hamptons. The street level features an open concept convenience store with a powder room, commercial kitchen & deli, beverage refrigerators, grocery coolers, dining and co-working space, and a separate ice cream parlor with window service. Multiple entrances give this building the opportunity to expand, accommodating multiple commercial tenants or ventures. Below the general store, a trendy garage style eatery was successfully run by a noted Brooklyn chef as the popular General Jerk and offers the perfect canvas for pop ups or a long-term tenant. The space includes a small indoor bar and separate kitchen. The lofted second floor features a bright and spacious two-bedroom apartment with seasonal river views from every room. Most recently, the apartment was used as a profitable and highly rated B&B and could accommodate visiting chefs, employee housing, or a long-term tenant. From the muti faceted interior space to the vast outdoor landscape, the opportunities are truly endless. Plant a garden, build an outdoor stage, volleyball court, or host weddings with the picturesque backdrop of the Delaware river. The Western Catskills renaissance is underway with an influx of new buyers, businesses and visitors flocking to the area. Barryville is one of a few epic river towns in the region, and benefits from tourists as well as travelers who are passing through. This property is an entrepreneur's dream with a unique opportunity to be run independently, or as a franchise, fully activated, by Barryville General.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $965 | $965 | $965 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,248 | $5,390 |
Total Monthly Payment | $5,310 | $5,305 | $6,447 |
* 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.