48 Main Street, Millerton, NY 12546 (MLS# 135041)
$1,195,000
Millerton, NY 12546
MLS# 135041
Status: Closed
4 baths | 8200 sqft
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Property Description
The Moviehouse is a classically designed building with an imposing clock tower sitting atop Main Street, Millerton. Built in 1903 as Grange # 796 it was converted to a movie theater soon after. Over the next 100 years the theater evolved until it was purchased in the 70s by its present owners. After an extensive restoration it was reopened as The Moviehouse in 1978 and since then has become a much beloved theater and cultural landmark. It draws a fiercely loyal audience from NY, CT & MA. One of the largest independent cinemas in the Hudson Valley, it has 4 theaters with a 500 seat capacity. State of the art equipment including satellites bring Event Cinema like NT and Met Opera Live to the region. It also has a cafe and gallery space. An exciting opportunity for the next steward to continue the legacy or unfold a new bold vision to take the magic of big screen cinema to the next level. Less than 10 min from Salisbury, CT and 35 min from Hudson, Rhinebeck and Great Barrington, MA.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Millerton First LLV
Current Price: $1,195,000
Original List Price: 1195000
Sold Price: $1,195,000
Status: Closed
Listing Contract Date: 2020-10-29
Property Sub Type: Business
Location, Tax, and Legal
911 Address: same
School District: Webutuck Central School District
General Tax: 0
School Tax: 6500
Town Tax: 5500
Village Tax: 0
Tax Annual Amount: 0
Tax Year: 0
Assessors Full Market Value: 517900
Tax Assessed Value: 517900
Parcel Number: 7271-14-385274-0000
Tax Exemptions YN: No
Directions: 44 E./Main St. with theater on the right.
General Property Information
Number Of Units Total: 0
Lot Size Acres: 0.16
Lot Size Dimensions: 0.16acres
Flood Plain YN: No
Sign On Property YN: Yes
Disclaimer: Information not guaranteed.
Stories: 0
List Price/SqFt: 145.73
Sold Price/SqFt: 145.73
Bathrooms Total: 4
Living Area: 8200
Year Built: 1903
Remarks and Miscellaneous
CGR Public Historical Remarks: Bedrooms: 0, Description: 2 Ladies and 2 Gents Restrooms., FIPS Code: 27, Full Bathrooms: 0, Green Features: No, Half Bathrooms: 4, Lease Type: Net, Quarter Bathrooms: 0, Special Conditions: None/Unknown, Year Built Exception: 0
Public Remarks: The Moviehouse is a classically designed building with an imposing clock tower sitting atop Main Street, Millerton. Built in 1903 as Grange # 796 it was converted to a movie theater soon after. Over the next 100 years the theater evolved until it was purchased in the 70s by its present owners. After an extensive restoration it was reopened as The Moviehouse in 1978 and since then has become a much beloved theater and cultural landmark. It draws a fiercely loyal audience from NY, CT & MA. One of the largest independent cinemas in the Hudson Valley, it has 4 theaters with a 500 seat capacity. State of the art equipment including satellites bring Event Cinema like NT and Met Opera Live to the region. It also has a cafe and gallery space. An exciting opportunity for the next steward to continue the legacy or unfold a new bold vision to take the magic of big screen cinema to the next level. Less than 10 min from Salisbury, CT and 35 min from Hudson, Rhinebeck and Great Barrington, MA.
Status Change Information
Status Change Timestamp: 2021-02-19
Concessions: Yes
Buyer Financing: Cash
Concessions Amount: 10000
Concessions Comments: Misc. items
Major Change Timestamp: 2021-02-19T21:51:08Z
Major Change Type: Status Change
Purchase Contract Date: 2021-01-20
Close Date: 2021-02-19
Close Price: 1195000
Appliances
Electric Water Heater: 1
Water Heater: 1
Construction Materials
Frame: 1
Electric
200+ Amp Service: 1
Foundation Details
Concrete Perimeter: 1
Heating
Forced Air: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Asphalt: 1
Shingle: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 0
Maintenance Expense: 0
Current Use
Commercial: 1
Recreational: 1
Business Type
Recreation: 1
Location Tax and Legal
Street Number: 48
Street Name: Main Street
County: Dutchess
State: NY
Zip Code: 12546
Town (Taxable): Millerton
Property Features
Appliances: Electric Water Heater; Water Heater
Business Type: Recreation
Construction Materials: Frame
Current Use: Commercial; Recreational
Electric: 200+ Amp Service
Foundation Details: Concrete Perimeter
Heating: Forced Air
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Asphalt; Shingle
Sewer: Public Sewer
Water Source: Public
Listing Courtesy of Four Seasons Sotheby's Int.
Listing Agent: Annabel Taylor