An Extraordinary Venue, Tavern, Restaurant, & Pavilion with 3 parcels for a total of 23. 7 acres in the Heart of the Catskills in Greene County in East Durham on State Route 145 - Five Furlongs! It's an impressive dining experience with indoor and outdoor seating in the tavern & restaurant, on the back deck, in the spectacular 90 x 30 pavilion, around the firepit, and in the creekside cabanas at the stunning waterfalls & creek. It's an incredible venue to host hundreds of people for weddings, music, parties, celebrations, graduations, retirements, business events, gatherings, & more. The property features 3 parcels with a total of 23. 7 acres, 2 parking areas, a new septic system, Thorp Creek, the Cornwallville Creek with waterfalls, a beautiful pavilion, vast outdoor dining & seating with the capacity of hundreds, indoor seating with the capacity of up to 100 persons, 2 wells, a commercial kitchen, a full bar, a pump station, a prep-room, a cold room, a mechanic's room, a dry goods room, a walk-in freezer, a shed for storage, a room for a 2nd kitchen, 4 bedroom & bath ensuites on the 2nd floor, and a total of 10 bathrooms. The premises has 2 liquor licenses and a NY State Gaming License with Off Track Betting. There's a shuttlebus and an optional food trailer for in-house and off-site events. The property and grounds have been exceptionally maintained. It's an incredible venue in the Catskills! It has great proximity to the area's destinations and attractions as it's 5 minutes to Zoom Flume Water Park, 20 minutes to Windham Ski Mountain, 30 minutes to Hunter Ski Mountain, 20 minutes to Dutchman's Landing Park & the Hudson River, 20 minutes to Green Lake, and 45 minutes to Howe Caverns.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,648 | $12,616 | $16,843 |
Total Monthly Payment | $11,773 | $12,741 | $16,968 |
* 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.