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Rare opportunity to own ''The Spy'', an established and well-loved restaurant in one of the Hudson Valley's most desirable locations, High Falls. Make it your own and continue to watch it grow into whatever you envision. With great visibility and frontage on Rt 213 as well as access from Orchard Lane (pvt rd), this property has so much to offer. Your business will continue to flourish with patronage from all the locals in the area plus all the dual residents. With only a handful of restaurants around, this favorite spot offers amazing potential. There are two dining rooms, seating for up to 65, a stunning screened porch that can seat up to 30, and a custom bar that potentially seats 10. The current layout can accommodate both a private function and regular business at the same time. A turnkey operation with lots of potential for further business expansion on over 2 level areas on over 2 acres of beautiful outdoor space. Current Board of Health has approved seating for 65. Lots of land for potenial septic expansion. A wedding venue? Outdoor dining? Tented entertainment? Retail space? Let your imagination run wild. Lots of parking as well- 35 cars (plus 10 employee spaces) without expansion. With a great local following, how can you miss!! If owning a restaurant has been your dream, here is a chance to make your dream come true. Property has a septic system, Municipal water and a private well. Current use is approved, and property is being offered AS IS. Any expansion would be subject to all necessary approvals. Sweet outbuilding awaits. . .
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $579 | $579 | $579 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,743 | $3,942 | $5,023 |
Total Monthly Payment | $4,414 | $4,613 | $5,694 |
* 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.