| Property Features |
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| Location: |
Historic White Mills, PA (two hours to NYC) on the Lackawaxen River |
| Facts: |
33,000 sq. ft., on three acres, zoned
Residential and/or Commercial including Live/Work lofts |
| Uses: |
Condos and studios; public museum (one hour to Dia Beacon); private art
collection; art gallery; art storage; any business; trophy private home |
| Price: |
The price for The Silk Mill building and land is $1,300,000 or $500,000
each for either the first or second floors. The three acres are valued at $300,000 making
the purchase price of the building $33.00 per sq. ft. As decorator ready condos, it can be
sold for $160 per sq. ft. |
| Value: |
You can own this beautiful building for $33.33 per sq. ft. which is less
than the annual rent in Manhattan for comparable space. Low annual taxes ($2,865);
inexpensive insurance ($5,895) |
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