This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

5207 Route 32
Catskill, NY 12414
B&B Lounge · Multifamily Property For Sale · 30 Units

INVESTMENT HIGHLIGHTS

  • Location - not too urban, not too rural. Beautiful rural green grounds with close proximity to urban lives.
  • Turn key income opportunity
  • All seasons operation

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype
Apartment
  • Hospitality Hotel
Apartment Style Low-Rise
Building Class C
Lot Size 11.60 AC
Building Size 27,000 SF
No. Stories 1
Year Built/Renovated 1920/2010
Parking Ratio 3.13/1,000 SF
Corridor Interior
Zoning 02 - The zoning code is 02-HC-.5. The zoning district is Highway Commercial and R/A Rural Residential/Agricultural

AMENITIES

UNIT AMENITIES

  • High Speed Internet Access
  • Patio

SITE AMENITIES

  • Pool
  • Smoke Detector

ABOUT 5207 ROUTE 32 , CATSKILL, NY 12414

Prime investment opportunity in great location. Between Albany and NYC, property is located in growing Hudson Valley region. Next to popular destinations of Hunter Mountain, Windham Mountain and Hudson river. Resort type layout allows property to be operated in several ways depending on demand and owner's desires. Operate as Resort, AirBnB, or long term apartments. - 32 rental units of various sizes and types (studios, 2 and 3 bedroom apartments and cabins with 58 bedrooms total) are suitable for both short and long term rentals. Currently completely rented out long term. Several utilities buildings - Restaurant/Bar Main building is a gem. - Outdoor amenities such as pool, BBQ, gardens Property is situated on 12ac. Total usable building sq.f. is about 27,000 sq.f. Price is under new construction cost. Everything is operational, many updates and new constructions within past decade. Solar panels were installed in 2018. Own septic and well systems. All up to date licensing's, including liquor license. Turn key investment with a good upside and further development possibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
192689 153.00-2-10
Land Assessment
$86,400
Improvements Assessment
$474,100
Total Assessment
$560,500
  • Listing ID: 21989397

  • Date on Market: 1/15/2021

  • Last Updated:

  • Address: 5207 Route 32, Catskill, NY 12414

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}