49 Florida Ave Amsterdam, NY 12010

This exceptional investment opportunity presents the Amsterdam Castle, a historic hotel located at 49 Florida Ave, Amsterdam, NY 12010. Built in 1800 and extensively renovated in 2014 and 2017, this two-story property boasts 26,230 square feet on an expansive 82,764 square foot lot. The hotel features 22 uniquely designed guest rooms, offering a distinctive ambiance for a memorable stay. Beyond the hotel, the property includes a remarkable five-bedroom, three-bathroom owner's residence with potential for a 70ft x 25ft roof garden. A cozy one-bedroom guest residence is also available for owner or guest use. Two additional fully furnished four-bedroom houses are situated on the property. A separate 20,000 square foot commercial building offers potential for private events or additional lease income. The property also includes a collection of over 200 art pieces, adding to its unique character. The hotel features a commercial kitchen capable of producing 120 meals per hour, private parking for over 100 guests, a large backup generator, municipal water and sewer, backup water heater, on-site laundry facilities, water purifier and softener, and a fully sprinklered system. The asking price is $6,850,000, with a price per square foot of $261.15. This property offers significant potential for increased revenue.