From an overgrown ruin, a new life has been breathed into this solid concrete and brick structure built by Standard Oil in 1879. 143 years later - Cochecton Pump House has created an entirely one-of-kind restaurant, bar and event space. Tucked into the upper Delaware River valley, it's conveniently located between two hotbeds of the Sullivan Catskills renaissance - Narrowsburg and Callicoon. After two seasons, The Pumphouse has quickly become the talk-of-the-town local (and regional) attraction. A Must See. Eating some great food, having a drink, and hanging with friends as the blue hour descends into a magical mix of blue and gold light creates an atmosphere that is truly incredible. Hosting live music, performances, weddings, dog shows, movie showings, private functions . . there are myriad possibilities. Clients include a great mix of locals, tourists, 2nd home owners and day trippers from NYC. Regular events bring in a steady flow of customers. A guest chef could take over the restaurant for the season. Events from weddings, private parties, movie nights, pop-up restaurants, local beer competitions . a new owner is only limited by their own imagination. A parking lot and handicap accessible walkway leads down to two fully equipped repurposed containers. One container takes food orders and serves local tap beers, wine and frozen drinks. The functional and equipped kitchen is in the other. A tidy and efficient bathroom trailer sits conveniently adjacent to the main area. A 1910 farmhouse is also included. There are three beds, one bath and a finished sleeping attic. This would make an ideal place to house employees, a guest chef or musical guests. The pump house was built by John Rockefeller. There was a six inch pipeline originating in western PA. The crude was piped along the Southern Tier of NY. The steam-powered pumps kept the oil flowing to a refinery in Bayonne, NJ in order to supply NYC.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $3,988 | $0 |
Total Monthly Payment | $4,185 | $4,080 | $92 |
* 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.