4858 Route 32Catskill, NY 12414

  • Commercial land
  • 3.24 AC
For Sale
$6,500,000 View listing

Property Details for 4858 Route 32

Lot size
3.24 AC
Zone code
02 - SINGLE RESIDENCE
Property type
Commercial land
APN
192689 169.00-4-23
APU
19268916900423

Description

Exceptional investment opportunity: a sprawling Catskill Mountain resort encompassing a 382,894 sq ft hotel with 380 rooms, a 52,000 sq ft exhibition space, a 2,000-person convention/banquet facility, an 800-space parking lot, and a 2,000-seat movie theater. Amenities include two outdoor pools, a spa, and a fitness center. The property also features approximately 147,000 sq ft of commercial space housing retail boutiques within ten separate buildings. Situated on 29.6 acres, the property boasts a one-acre pond and streams, offering breathtaking views and convenient access to nearby attractions. This remarkable offering is further enhanced by an additional 60.16 acres of highway commercial zoned land with an existing motel, and 80.7 acres of residentially zoned land. The resort's prime location places it minutes from the villages of Catskill and Woodstock, Hudson, and two major ski resorts, Hunter Mountain and Windham Mountain. Nearby cultural attractions include the Thomas Cole National Historic Site and the Hudson River School Art Trail, showcasing the region's rich artistic heritage. This unique property presents a rare chance to acquire a substantial and diverse commercial and hospitality asset in a highly desirable location. The asking price is $6,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $40,130,072
    Hospitality
    $36,758,928
    Educational
    $30,582,998
    Medical
    $31,634,794
    Retail
    $47,573,552

Location Insight

City
Catskill
County
Greene
State
New York
Latitude
42.2088
Longitude
-73.9822

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$30,000
-
$30,000
-
$82,759
-
$82,759

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