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Positioned within the Town of Shawangunk’s Route 52 Business Corridor (BC-52), this property offers exceptional flexibility for a wide range of uses including retail, office, and personal services. The zoning also supports mixed-use layouts that allow for both residential living and commercial use on the same property, creating the opportunity to live and operate your business in one location. Additional potential uses may include restaurants, hospitality, automotive, fitness, or recreational concepts, subject to approvals. The expansive acreage also supports agricultural and farming uses, adding another layer of versatility. Whether you are looking to establish a business, create a live-work environment, farm the land, or invest in a high-visibility location, this property delivers the foundation to do so. Originally built in 1770, this 4-bedroom, 2-bathroom farmhouse offers the chance to reimagine a historic property with flexibility and fewer restrictions, as it is not part of a historical society. The home has been fully gutted, with major first-floor improvements already completed, including new electrical and framing, allowing you to move forward with your vision. There is also potential to expand beyond 3, 000 square feet, offering additional flexibility for residential or mixed-use design. Set on nearly 12 acres of gently sloping, partially cleared land, the property is nestled along the Shawangunk Kill, a tributary of the Wallkill River, providing a scenic natural setting while maintaining usability. Positioned along a well-traveled stretch of State Route 52, at the border of Ulster and Orange County and adjacent to the hamlet of Pine Bush, the property benefits from strong visibility and consistent traffic exposure. The land, layout, and existing improvements make this property highly functional for a variety of uses. A large driveway and garage capacity for 10+ vehicles provide ample space for operations, storage, or equipment. Additional improvements include a 37' x 64' pole barn with utility connections, ideal for workshops, storage, events, or future commercial adaptation, along with a detached 21' x 24' garage. Electric service is on site, with private well and septic already installed. Ulster County offers the added benefit of low property taxes, along with potential tax savings, incentives, and grant opportunities available through Ulster County and New York State for qualifying start-ups, business development, and redevelopment projects. Located approximately 75 miles from NYC, the property provides accessibility while being surrounded by the natural beauty and attractions of the Hudson Valley, including Minnewaska State Park Preserve, Sam’s Point, local wineries, farm markets, and outdoor recreation. A rare opportunity to combine flexibility, visibility, space, and long-term potential in one remarkable property.
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.403% | 6.431% | 5.668% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,353 | $3,448 | $4,538 |
| Total Monthly Payment | $3,888 | $3,983 | $5,073 |
* 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.