7134 State Route 66, Other, NY, 12062 | $489,900

Welcome to a beautifully restored piece of local history nestled in the charming country setting of the Hoags Corners Hamlet. Formerly a beloved tavern, restaurant, and bakery, this versatile commercial property is full of character and ready for its next adventure. The property borders a beautiful new village park and is on a heavily travelled state road. The inviting first floor features, refinished cherry bar, a main tavern room with tile flooring, and three distinct dining areas with refinished wood flooring—including one with a woodstove that provides a cozy, warm atmosphere for guests. At the heart of the building is a commercial kitchen with a fairly new commercial gas oven, range and a hood fire suppression system. Comfort is easily maintained year-round, with mini-split units providing both heating and cooling throughout the space. Accessible via a private, separate entrance, the second floor beautifully preserves the property’s rich past as a former boarding house. Here, you will find a spacious, newly renovated two-bedroom apartment featuring original interior doors, beautifully refinished floors, and convenient in-unit laundry and separate meter. A second upper-level area has been rough-framed with plumbing and electric already installed—offering a blank canvas to seamlessly finish as an additional apartment or a private office for your business. The property also has a large dedicated parking lot. To help bring your vision to life all appliances, existing furniture, and the piano are included. Bring your dreams and discover the endless possibilities that await in this truly special space.

Features

  • Property Type: Multi Family
  • Construction: Wood Siding
  • Utilities: Cable Available, Electricity Connected, Phone Available, Propane, Trash Collection Private
  • Parking: 20-car, Driveway, Off Street, Unpaved
  • Levels: 2
  • Heating: Baseboard, Heat Pump, Wood
  • Cooling: Ductless
  • Units: 3
  • Year Built: 1800
  • Acreage: 1.26
  • Est. Taxes: $5,400
  • Lot Desc: Back Yard, Cleared, Corner Lot
  • School District: Averill Park
  • Appliances: Electric Range, Gas Oven, Gas Range, Refrigerator
  • MLS#: 1002262
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1002262/7134stateroute66_other_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 Howard Hanna Capital Inc.   Phone: 518-371-4500

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

7134 State Route 66, Other, NY, 12062

$489,900

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 $391,920 $391,920 $391,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $450 $450 $450
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,413 $2,475 $3,255
Total Monthly Payment $2,938 $3,000 $3,780

* 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.