259 Westchester Avenue, Pound Ridge, NY, 10576 | $2,695,000

Rare Mixed-Use Opportunity. 259 Westchester Avenue is part of Pound Ridge’s rich past. Located in the heart of the historic hamlet, it was the former Samuel Parker house. Built in 1860, this mixed-use building has housed the old Schelling’s Market, as well as the Samuel Parker Café. It currently is home to The Huntress, a high-end design and retail store. Located across the street from Jean George’s Inn at Pound Ridge, this unusual offering enjoys high visibility near the intersection of Routes 124 , 172 and 137. It is situated next to the town-owned Conant Hall and close to the Hiram Halle Library as well as the Pound Ridge Historical Society. The property, a . 27-acre parcel, has on-site parking in front and behind the building. Completely renovated with new HVAC, electric, water and generator in 2017. The property has two buildings: the main retail space with beautifully renovated three-bedroom apartment and a large studio/storage barn 1, 500 sq. ft. A beautifully landscaped side yard with terrace, seating areas and raised bed gardens is accessible to both the retail space and the apartment. A remarkable offering!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Other
  • Year Built: 1860
  • Heating: Hydro Air, Propane
  • Cooling: Central Air
  • Basement: Storage Space, Unfinished
  • Approx Sq. Feet: 4,225
  • Acreage: 0.27
  • Est. Taxes: $24,425
  • Elem. School: Pound Ridge Elementary School
  • Middle School: Fox Lane Middle School
  • High School: Fox Lane High School
  • School District: Bedford
  • Appliances: Cooktop, Dishwasher, Freezer, Gas Range, Oven, Refrigerator
  • MLS#: 885152
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /eprop/885152/259westchesteravenue_poundridge_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 Ginnel Real Estate   Phone: 914-234-9234

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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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516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

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259 Westchester Avenue, Pound Ridge, NY, 10576

$2,695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $2,156,000 $2,156,000 $2,156,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment $2,035 $2,035 $2,035
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,739 $12,926 $17,904
Total Monthly Payment $13,899 $15,086 $20,064

* 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.