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5330 NY-23, Windham, NY, 12496 | $1,600,000
An exceptional opportunity to own one of Windham's iconic hospitality destinations in the heart of the Catskills. The Tipp Tavern is a well-established restaurant and bar ideally situated on Main Street, just minutes from Windham Mountain and surrounded by year-round tourism, luxury vacation homes, and four-season recreation.
This turnkey commercial offering includes a thriving restaurant and tavern with an outstanding reputation, loyal clientele, and excellent visibility in one of Greene County's most desirable resort communities. The property also features four residential apartments, creating valuable supplemental rental income while enhancing long-term investment potential.
Whether you're an experienced restaurateur, hospitality investor, or entrepreneur seeking a destination business, this property delivers multiple revenue streams, prime location, and significant upside in one of New York's fastest-growing mountain markets.
Highlights include:
• Prime Main Street location
• Minutes from Windham Mountain Club
• Established, profitable hospitality business
• Four income-producing residential apartments
• Strong year-round customer base
• Turnkey operation with exceptional growth potential
Rarely does a landmark commercial property combining lifestyle, investment, and location become available. Continue the successful tradition or bring your own vision to one of the Catskills' most recognizable gathering places.
Features
- Property Type: Business
- Zoning: Rest
- Year Built: 1970
- Acreage: 0.14
- Est. Taxes: $2,409
- School District: Wind-Ash-Jewett
- MLS#: 20264219
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/20264219/5330ny23_windham_ny?source=qrflyer
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills RegionListing courtesy of Win Morrison Realty
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
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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- 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
5330 NY-23, Windham, NY, 12496
$1,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $201 | $201 | $201 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,268 | $7,881 | $10,801 |
| Total Monthly Payment | $7,594 | $8,207 | $11,127 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535