$57,000
Philmont, NY 12565
MLS# 201829660
Status: Closed
7300 sqft

1 / 1
Property Description
Former Historic Hilltop Hotel Property is nestled in the scenic Taconic Hills, in the center of town and within a short walk of Summit Lake. Last used as a 7 unit apartment building, with the 3rd floor remaining in it's original 19th century state. There are architectural drawings available to convert the existing property into 11 studios and 1 bedrooms. Property is in a revitalization district and should qualify for both NYS Main Street Grant and State/Federal Historic Tax Credits. Sold As Is. Cash Offers
Details
Maps
Contract Information
Status: Closed
Property Sub Type: Mixed Use
Original List Price: 67900
Sold Price: $57,000
Offered Lease/Sqft: 7.81
Listing Contract Date: 2018-09-22
Current Price: $57,000
List Price/SqFt: 9.3
Sold Price/SqFt: 7.81
List Price/Acres: 135800
Sold Price/Acres: 114000
Location
Street Number: 56
Street Name: MAIN
Street Suffix: Street
County: Columbia
State/Province: NY
Postal Code: 12565
City/Town (Mail): Philmont
Geo Lat: 42.247956
Geo Lon: -73.652538
Property Detail
Year Built: 1873
Stories: 3
Zoning: Commercial
Lot Size Dimensions: Level
Lot Size Acres: 0.5
Building Area Total: 7300
Building Available SQFT: 7300
Enhanced Accessible Y/N: No
Financial Details
General Taxes: 535
General Taxes Description: Estimated
School Taxes: 817
School Taxes Description: Estimated
Village Taxes: 476
Village Taxes Description: Estimated
Seller Financing: No
Cooling
Air Conditioning (Legacy): N/A
Building Detail
Fire Sprinkler System Y/N: No
Elevator Description: None
Building Ceiling Height: 9
Office Total SQFT: 1500
Office Available SQFT: 1500
Office Ceiling Height: 10
Retail Total SQFT: 800
Retail Available SQFT: 800
Retail Ceiling Height: 8
Loading Dock Description: N/A
At Grade Door Description: N/A
Restrictions: None
Construction Materials
Construction Materials (Legacy): Balloon
Possession
Possession (Legacy): Closing
Special Listing Conditions
Ownership: Exclusive Agency Listing
Heating
Heat Systems (Legacy): Boiler / Space
Parking Features
Parking Total: 8
Status Change Info
Status Change Date: 2018-12-21
Under Contract Date: 2018-11-27
Sold Date: 2018-12-21
Sold Price: $57,000
Property Features
Parking Features: Private; Public Parking
Possible Use: Apartment Plus; Boarding House; Business; Commercial House; Commercial House Plus; Hotel/Motel; Mixed; Office; Office Plus; Office/Retail; Restaurant
Showing Requirements: Key; Lockbox
Listing Courtesy of Khan Faraz A
Listing Agent: Faraz A Khan
518-210-5000 | faraz.khan@khanrealty.com
518-210-5000 | faraz.khan@khanrealty.com

