553 County Road 94, Hankins, NY, 12741 | $475,000

Opportunity awaits you in this live-in work-in 1890’s Gem. Completely renovated for functionality this building offers so much more than you will find. The kitchen is fully stocked for a full service restaurant including a 6 burner stove, Bae Marie, Ice maker & Walk In Cooler which are just a few of the pieces of equipment that will convey. The restaurant & bar which seats a total of 68, offers a semi-private sectioned room for parties or gatherings tucked away in the rear of the 1st floor. The building offers Live music, dinner specials, 2 handicap accessible baths, plenty of storage, original tin ceilings & a lot of charm and character. Karaoke can be heard as you drive by which seems to be a local favorite way to pass the time. The Wood burning stove keeps the building cozy on those cool Northern evenings. Outside there are so many places to just sit back & enjoy a day, night or weekend. Choose your spot with either Bar seating, benches, tables inside or High top Tables & Chairs right out front perfect for people watching. Out the back of the yard you will find picnic tables to share or Adirondack chairs to sit & enjoy the firepit. There is a band stand waiting for the live music choices on the weekends. The Barn has endless possibilities with 200 amp electric already in place & ready to be turned into a country store, event space or anything your imagination desires. The 2-bedroom unit that is located on the 2nd floor offers a Kitchen. Generous Living room, office, pantry/laundry, 2 beds, 1 full bath plus a walk up attic with so much potential. Bring your imagination & make this the newest hot spot upstate has to offer.

Features

  • Property Type: Mixed Use
  • Construction: Frame
  • Utilities: Electricity Connected, Propane, Sewer Connected, Trash Collection Private, Water Connected
  • Parking: 12-car, Private, Unpaved
  • Levels: 2
  • Heating: Electric, Forced Air, Propane
  • Cooling: Central Air
  • Units: 2
  • Year Built: 1890
  • Acreage: 0.27
  • Est. Taxes: $3,831
  • Lot Desc: Back Yard, Cleared, Corner Lot
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • MLS#: 931384
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/931384/553countyroad94_hankins_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 BHHS Hudson Valley Properties   Phone: 845-831-3080

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

553 County Road 94, Hankins, NY, 12741

$475,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $380,000 $380,000 $380,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.250% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.324% 6.398% 5.614%
Monthly Tax Payment $319 $319 $319
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,248 $2,340 $3,080
Total Monthly Payment $2,642 $2,734 $3,474

* 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.