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Welcome to a rare and exciting investment opportunity in the heart of the northern Catskill Mountains — the historic site of the former Catskill Craftsmen manufacturing facility, proudly located in the picturesque Village of Stamford. Spanning two surveyed parcels totaling 11. 3+/-; acres, this exceptional commercial property offers around 90, 000 sq ft of existing building space, with village water & sewer in place. Whether you’re an investor, developer, or visionary entrepreneur, the possibilities here are truly endless. Originally home to one of the largest butcher block manufacturers in the U. S. dating back to the 1940s, this property boasts a mix of structures, including a modern insulated warehouse built in 2010, measuring approx. 176’ x 64’ with two loading docks. Other buildings on site offer expansive former manufacturing, storage, & packaging areas, office & conference spaces, restrooms, & cafeteria, complete with sprinkler system & ample parking space. This is a prime site for a new housing development, multi-use campus, light industrial, microbrewery or even lodging & hospitality ventures with an excellent location approximately half an hour to I-88 and with proximity to Albany, Binghamton, & Oneonta. With the Catskills continuing to surge in popularity, and a rising demand for housing, workspace, & recreation-focused destinations, this property is your canvas with a mostly level topography that supports ease of development, and a layout that allows for multiple points of entry & exit. The blend of open space & existing infrastructure provides flexibility for phased development or multi-use planning. The property’s adjacency to the Catskill Scenic recreational trails adds potential for tourism-focused projects, while its setting in a vibrant village with amenities like a grocery store, gas stations, eateries, and year-round activity make it ideal for attracting both residents and visitors. The expansive footprint and varied building types offer opportunities for adaptive reuse, from artisan manufacturing to wellness retreats or live-work communities. The property also includes a small home, adding even more flexibility to this incredible opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.625% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.878% | 5.732% | 5.555% |
| Monthly Tax Payment | $3,121 | $3,121 | $3,121 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,216 | $5,757 | $8,105 |
| Total Monthly Payment | $8,462 | $9,003 | $11,351 |
* 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.