Own a Piece of Carmel History in a Prime High-Traffic Location
This is a rare opportunity to own a historic commercial building in the heart of Carmel at an exceptional price. Positioned along a main thoroughfare with approximately 15,000 cars passing daily, this property offers unmatched visibility and constant exposure for any business.
The building features high ceilings, open space, and large storefront windows, making it ideal for capturing attention and creating a strong brand presence. Formerly a restaurant, the flexible layout allows for a wide range of uses including retail, office, restaurant, bar, lounge, or showroom.
With its prime location, heavy traffic count, and historic character, this property delivers value that is increasingly hard to find in today’s market. A unique chance to establish your business — or investment — in a landmark space with built-in visibility and long-term appeal.
Basement:
Partially Finished, Storage Space, Walk-Out Access
Construction
Frame, Vinyl Siding
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
57 Gleneida Avenue, Carmel, NY, 10512
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
