Hasbrouck House represents a rare hybrid opportunity combining a land-rich historic estate, a stabilized boutique hospitality platform, and a pre-entitled luxury residential subdivision in one of the Hudson Valley’s most desirable and supply-constrained submarkets. The $12,000,000 asking price is not based solely on traditional hospitality metrics such as cap rate or room revenue multipliers. Rather, valuation is supported by: • 38 irreplaceable acres in Stone Ridge • Advanced entitlement status for a 6-lot residential subdivision • The ability to develop and sell six luxury homes plus six detached guest cottages • Optionality to monetize the 22-acre parcel independently • Long-term appreciation trends in the Mid-Hudson Valley • Comparable estate and luxury home sales in the region The residential parcel creates multiple strategic paths: Develop and sell six luxury residences individually. Create a branded “Hasbrouck House Residences” collection. Sell the entitled parcel to a residential developer. Develop select homes while retaining others as branded hospitality villas. Phase construction while operating the existing hotel and event platform. The hospitality component generates diversified revenue from: • 19 luxury guest suites • Full-service restaurant operations • Weddings (up to 15 per year) • Corporate retreats and private estate buyouts • Wellness programming • High-margin event catering Additional value-enhancement opportunities include: • Enclosing restaurant balcony to expand seating • Expanding the speakeasy footprint • Extending event patio space • Developing a lakefront pavilion and waterfront trail • Expanding spa programming • Introducing curated retail or in-room upgrades Stone Ridge benefits from sustained demand driven by: • NYC second-home buyers • Luxury retreat travelers • Destination wedding clients • Corporate off-site planners • Limited new hospitality supply This offering is best understood as a legacy estate acquisition with embedded residential development value and long-term optionality, rather than a conventional “cap rate hotel” transaction. Hasbrouck House combines history, land, entitlements, and operating business into a singular Hudson Valley opportunity.