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Hasbrouck House 38 Acre Estate & Subdivision 3805 Main St 27 Room Hotel Stone Ridge, NY 12484 $9,750,000 ($361,111/Room) 13.80% Cap Rate
Investment Highlights
- Offered at $9,750,000 for Hotel (±16 Acres) — Boutique hospitality asset with immediate operational scale
- Multiple Revenue Streams — Rooms, full-service restaurant, weddings (15 annually), events, and retreats
- Optional 22-Acre Development Parcel ($2,250,000) — Pre-approved 6-lot residential subdivision with completed environmental and engineering work
- 19 Keys / 27 Guest Rooms Across Four Restored Buildings — Fully renovated historic estate, turnkey condition
- Established Hudson Valley Destination — Less than 2 hours from NYC in a high-demand, supply-constrained market
- Flexible Ownership Structure — Ability to acquire hotel only, purchase entire assemblage, or partner with seller on development (JV opportunity)
Executive Summary
This structure provides buyers with flexibility to acquire a fully operational boutique hospitality asset at a more accessible basis, while retaining the option to control or partner in the future development of the remaining land.
The hotel operates as a stabilized, multi-revenue hospitality platform, including:
• 19-key boutique hotel (27 guest rooms)
• Full-service restaurant and bar
• Permitted weddings and events (up to 15 annually)
• Corporate retreats and private buyouts
The 22-acre rear parcel offers additional upside and has previously received Planning Board pre-approval for a 6-lot luxury residential subdivision, with substantial engineering and environmental work completed.
Buyers may:
• Acquire the hotel independently
• Acquire both the hotel and development parcel
• Partner with ownership on future development (JV opportunity)
• Allow seller to retain or separately sell the residential parcel
The offering presents a rare opportunity to acquire a turnkey, design-forward boutique hotel in the Hudson Valley, with optional expansion and development potential in one of the region’s most supply-constrained markets.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Fitness Center
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 3805 MAIN ST , STONE RIDGE, NY 12484
Hasbrouck House is a fully restored 1757 Dutch Colonial estate located on approximately 16 acres in Stone Ridge, New York, in the heart of the Mid-Hudson Valley, less than two hours from New York City. Originally listed on the National Register of Historic Places and comprehensively rebuilt in 2016, the property operates as a 19-key luxury boutique hotel comprising 27 guest rooms across four historic buildings totaling approximately 15,000 square feet: • Main House (7,500 SF) • Carriage House (2,400 SF) • Stable House (2,400 SF) • Cottage (2,100 SF) The hotel offers a design-forward guest experience with a mix of suites, lofts, and multi-bedroom accommodations, many with private entrances and kitchenettes. The Cottage may also be reserved as a private residence. Food & Beverage operations are anchored by Butterfield Restaurant, a 2,800 SF full-service restaurant featuring: • 60 indoor seats and 80 outdoor seats • Clubroom and bar • 500 SF speakeasy lounge • Outdoor catering kitchen and historic smokehouse • Property-wide liquor license The property is a permitted event venue with a Special Use Permit allowing up to 15 weddings annually (up to 150 guests), supported by a 3,750 SF bluestone patio and landscaped grounds. Additional amenities include: • Restored 55’ x 27’ pool • Outdoor sauna and wellness areas • Expansive lawns and mature trees • Access to a private lake area The offering includes the option to acquire an additional 22-acre parcel with prior Planning Board pre-approval for a six-lot residential subdivision, providing future development or monetization potential. Hasbrouck House is offered in turnkey condition with full FF&E included, representing a rare opportunity to acquire a scaled boutique hospitality asset in one of the Northeast’s most desirable drive-to leisure markets, with flexible ownership and growth pathways.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 19 | $1,143 | - |
| Guest Room | 8 | $601.00 | - |
Property Taxes
| Parcel Number | 3400-069.002-0005-001.100-0000 | Improvements Assessment | $1,975,000 (2024) |
| Land Assessment | $150,000 (2024) | Total Assessment | $2,125,000 (2024) |
Property Taxes
Presented by
Hasbrouck House 38 Acre Estate & Subdivision | 3805 Main St
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