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The Mountain Brook Inn in Shandaken, NY, presents a unique commercial opportunity in the hospitality sector. This historic property, originally built in 1805 and extensively renovated to reopen in 2025, offers a perfect blend of rustic charm and modern amenities. Situated on a picturesque 1-acre lot along Bushnellsville Creek, the 7, 863 square foot inn features 7 guest rooms on the second floor, with 5 additional rooms with potential for renovation on the third floor. The property boasts a rich history, having served as a stagecoach station, post office, country store, tavern, and public meeting house. Recently renovated while preserving its rustic elements, the inn now features modernized amenities including new bathrooms, a chef's design kitchen with all new equipment and pizza oven, new on-demand hot water system, new artesian well, a large attached barn and updated heating systems. This property also has a new state-of-the-art septic system designed and installed by the DEP. The property is fully licensed to operate as a hotel, restaurant, tavern, and package store, making it a turnkey business opportunity. Ready to open tomorrow with Hotel, Food Service and full-service Liquor license in place and active. Located in the NY City Watershed protected area, where new lodging and food businesses are difficult to establish, this property represents a rare find. This historic retreat exudes elegance and authenticity, with every detail—from handcrafted furnishings to meticulously preserved architecture—staying true to the historic nature of the Inn. This is a true authentic Catskill experience for guests to enjoy, while staying close to all that this area has to offer from skiing to hiking and so much more! Present owners have purchased a large resort in the same area. Sale can be combined with 7159 State Route 28, Shandaken NY 12480 (MLS# 823739) at a discount which will give new owners a major stake in the area.
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,920,000 | $1,920,000 | $1,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | $473 | $473 | $473 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,053 | $12,294 | $16,463 |
Total Monthly Payment | $11,650 | $12,891 | $17,060 |
* 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.