2478 Route 145, Durham (East Durham), NY, 12423 | $2,495,000

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.

Features

  • Town: Durham
  • Parking: 2 parking areas
  • Levels: 0
  • Heating: Base Board,Propane,Hot Water
  • Cooling: Yes
  • Zoning: 415 - Motel & 438 Parking Lot
  • Lot Size: 2.1 acres for both parcels
  • Year Built: 1980
  • Approx Sq. Feet: 2,904
  • Acreage: 23.7
  • MLS#: 154592
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/154592/2478route145_durham_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 RVW Select Properties

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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2478 Route 145, Durham (East Durham), NY, 12423

$2,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,996,000 $1,996,000 $1,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,177 $12,290 $16,575
Total Monthly Payment $11,302 $12,415 $16,700

* 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.