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COMMERCIAL INVESTMENT: MILLBROOK, NY: HUDSON VALLEY: Millbrook Antiques Mall: A rare opportunity to acquire a landmark income-producing property — and a thriving business — on the main street of one of the Hudson Valley’s most coveted villages. This 5, 000+ square foot retail building of three levels, established in 1979, sits in the heart of the village of Millbrook. A once-in-a-generation ownership transfer: The Millbrook Antiques Mall will trade hands for the first time in over two decades. Founded in 1979 and anchored on Franklin Avenue — the village’s main commercial corridor — this is not merely real estate, it's an institution. The business enters new ownership fully operational, with immediate rental income, a loyal customer base, and decades of goodwill already in place. Four diversified revenue streams: The business generates steady income from approximately 20 dealer rentals, direct retail sales, consignment operations, and an exclusive franchise as the Hudson Valley’s only certified retailer of Made In cookware — a nationally recognized brand prized for its craftsmanship and performance. This diversified model provides resilience and meaningful upside for an owner-operator or investor. The building: Over 5, 000 square feet of retail space across three levels in a distinctive, enduring structure that commands attention on Franklin Avenue. Large display windows, charming period architecture, a new roof and skylights, an attached garage, and a private office — every element reflects careful stewardship. This building has never stopped performing. ~5, 000 sq ft of retail space* New roof & skylights* Large display windows* 3 levels* Attached garage* Private office* Storage* Positioned at Millbrook’s next chapter: The property sits steps from the Thorne Building, which is undergoing a landmark renaissance — exterior restoration, interior renovation, and a reimagined landscape — that will transform it into the community’s cultural anchor. The Millbrook Antiques Mall is ideally situated to benefit from the new energy, foot traffic, and visibility this revitalization will bring. https: //www. millbrookbennettpark. org/the-project Flexibility: Acquire the property as a turnkey investment — step in and run a proven, cash-flowing operation from day one — or reimagine the space entirely. The building’s scale, visibility, and location make it equally compelling for retail, hospitality, gallery, or mixed-use concepts. Detailed financials, operating history, and projections will be provided to qualified buyers at the due diligence stage. DETAILS: Commercial / Retail* Forced Air Heat* Central AC* Prime Location* Built in 1920* 2 Bathrooms* Revenue Producing Property* Don't miss this once in a generation opportunity at the perfect moment in Millbrook.
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Our Executive Mortgage Banker:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,251 | $1,251 | $1,251 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,604 | $7,171 | $9,932 |
| Total Monthly Payment | $7,980 | $8,547 | $11,308 |
* 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.