56 S CENTER Street, Millerton, NY, 12546 | $529,000

The Village of Millerton, with its charming streets and vibrant pedestrian traffic, presents a unique opportunity for culinary entrepreneurs. The cafe space available is fully equipped and spans an inviting 2, 080 square feet, perfect for introducing your delectable creations to the community. The welcoming atmosphere is enhanced by the option for patrons to dine inside or bask in the ambiance of the outdoor seating area. With modern updates including plumbing, heating, and electrical systems, the space is primed for operation. Additionally, the building comprises two units, with one currently occupied by a tenant, offering a potential for immediate rental income. The additional rental space measures 1, 040 square feet, providing flexibility for expansion or complementary business ventures. Situated just 15 minutes from key locations such as Wassaic Train Station and various New York and Connecticut towns, the cafe promises accessibility and convenience for both local and visiting patrons. This presents a prime location to bring a fresh culinary concept to the evolving village of Millerton, a community that appreciates and supports local businesses. Additional Information: HeatingFuel: Oil Above Ground,

Features

  • Property Type: Retail
  • Construction: Frame
  • Utilities: Electricity Available
  • Parking: Off Street, On Street
  • Heating: Oil, Forced Air
  • Cooling: Central Air
  • Units: 2
  • Year Built: 1880
  • Acreage: 0.17
  • Est. Taxes: $7,861
  • Lot Desc: Level
  • School District: Northeast
  • Appliances: Freezer, Refrigerator, Indirect Water Heater
  • MLS#: H6325618
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/H6325618/56scenterstreet_millerton_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Elyse Harney Real Estate   Phone: 518-789-8800

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

56 S CENTER Street, Millerton, NY, 12546

$529,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $423,200 $423,200 $423,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $655 $655 $655
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,745 $2,710 $3,514
Total Monthly Payment $3,492 $3,457 $4,261

* 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.