1095 State Route 17B, Mongaup Valley, NY, 12762 | $874,900

This highly visible 26+ acres fronts on NYS Route 17B in the Town of Bethel, NY and offers amazing possibilities! Rt 17B, also known as The Woodstock Way, is the main thoroughfare and gateway to Bethel Woods Center for the Arts (original 1969 Woodstock music festival site), recreational lakes, hiking, restaurants and Western Sullivan County. As a popular location for tourists with a thriving primary and second home population, it is a fantastic location for commercial ventures. Zoning is C-17B, Highway Commercial District which is a favorable zone for many possible uses (zoning table is in documents). Offering includes two houses; one has been converted to an antique retail shop with two levels of show space (8-9 rooms), a restroom and a full walk out basement for storage/ workshop. Cottage is rented and offers 2 BR’s, open concept and a full bath. Newer Barn (18x24) is insulated and heated and is perfect for studio space/ additional retail/ storage. Main house is approximately 2000 SF, not including the heated attic, and cottage is 904 SF. Additionally, there is an old barn on the property near the cottage that needs work. Property is open and wooded and has a small frontage on a secondary road as well as over 700 feet on Rt. 17B. A great deal of the property is undeveloped and offers a blank slate for numerous opportunities in a sought-after location: think agri-business with plenty of room for gardens, growing and animals, restaurant/ wedding venue with room for events, bed and breakfast, offices, antiques, artist colony or residential development. The list goes on…. Super Spot! Commercial Property with High Visibility and High Traffic in Hot Location! Heart of the Sullivan County Catskills… What more could you want?

Features

  • Property Type: Mixed Use
  • Construction: Vinyl Siding
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
  • Parking: 12-car, Parking Lot
  • Levels: 2
  • Heating: Baseboard, Heat Pump, Oil
  • Cooling: Wall/Window Unit(s)
  • Units: 2
  • Year Built: 1934
  • Acreage: 26.81
  • Est. Taxes: $7,855
  • Lot Desc: Back Yard, Cleared, Front Yard, Level, Part Wooded, Private, Sloped, Subdivided, Wooded
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: 843157
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/843157/1095stateroute17b_mongaupvalley_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 Malek Properties   Phone: 845-583-6333

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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1095 State Route 17B, Mongaup Valley, NY, 12762

$874,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $699,920 $699,920 $699,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.739% 6.183%
Monthly Tax Payment $655 $655 $655
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,974 $4,482 $5,906
Total Monthly Payment $4,721 $5,229 $6,653

* 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.