40 Sparten Hill Rd - Residential Income FOR SALE


Livingston Manor, NY 12758
$4,400,000 USD
845-807-7819
40 Sparten Hill Rd, Livingston Manor, NY for Sale
$4,400,000 USD
Residential Income - FOR SALE
1/46
null | Request Cap Rate

NEW


40 Sparten Hill Rd
Livingston Manor, NY 12758


HIGHLIGHTS

  • Former Hotel.
  • Lake Ownership.
  • Multi Units.

OVERVIEW

Here's your chance to own a landmark property with history, acreage, lake ownership, and tremendous potential. A remarkable piece of Catskills and Borscht Belt history at the former Trojan Lake Lodge, closing down around 1970. Spanning 104+ picturesque acres, this unique property offers exceptional investment, development, and recreational potential in a peaceful mountain setting. The property is currently being used as a seasonal hunting club and summer retreat. It features five buildings with a total of 10 units, all with 2 or 3 bedrooms in each. A great opportunity for seasonal rental income, retreats, or future redevelopment. This sale comes with approximately 75% ownership of Trojan Lake, offering a rare waterfront amenity with crystal clear waters. Additional features include scenic acres of woodlands and open fields on both sides of the street - Five buildings with 10 or more units - RC (Rural Conservation) zoning offering a variety of potential uses (buyer to verify) - Private pump house - Tranquil Catskills setting with privacy and natural beauty. Whether you are an investor, developer, or entrepreneur seeking to revive a historic destination, this one-of-a-kind property offers endless possibilities. Restore its legacy as a hospitality retreat, create a residential or recreational community, or develop a new vision in one of the Catskills' most serene settings. Please be sure to have confirmed appointment if you have interest in seeing property.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

104.87 AC

LAND SF

4,568,137 SF

ZONING

RC

APN/PARCEL ID

4400-018-0-0001-004-014

ASK ABOUT THIS PROPERTY

Beth Johnston-GrothMalek PropertiesMore Info
845-807-7819

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Beth Johnston-GrothMalek PropertiesMore Info
845-807-7819

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.