Incredible opportunity to own a popular Hudson Valley eatery. Recently renovated top to bottom in 2018 is this turnkey Tivoli destination. The beautiful dining room has a gas fireplace and windows with views of the Catskill Mountains. Next to the dining room is a bar area with soaring ceilings, a custom 40' black walnut bar top and reclaimed stained glass. Off the bar is an addition with two new bathrooms. Outside is a large decked and fenced-in seating area. A new loading dock basement entry off Kerley Corners was added in 2018 along with a brand new aerobic septic system. The chef designed kitchen was refurbished with a new line and equipment five years ago. The basement was converted into a prep and storage area with two large walk-in coolers and an exterior exit to the loading dock. Also included in the sale is a separate one bedroom, one bathroom home in the rear. Hardwood floors and a large bedroom upstairs. An excellent opportunity to rent for income or to live on-site while operating your dream business. Perfectly located on 9G with a high traffic count and right down the road from the eclectic and trendy Village of Tivoli.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.014% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,556 | $4,861 | $6,548 |
Total Monthly Payment | $4,648 | $4,953 | $6,640 |
* 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.