Route NY-97 - Hospitality FOR SALE


Narrowsburg, NY 12764
$12,000,000 USD
347-573-8354
Route NY-97, Narrowsburg, NY for Sale
$12,000,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

Route NY-97
Narrowsburg, NY 12764


HIGHLIGHTS

  • Situated on 15 acres with mature landscaping and multiple structures.
  • Located two hours North of Manhattan in a high demand retreat corridor.
  • Includes additional acreage and residential buildings available separately
  • Positioned for hospitality, wellness, or estate development
  • Accessible via major highways with strong regional activity.
  • Surrounded by natural beauty and favored by seasonal residents.

OVERVIEW

This exceptional boutique hotel offering presents a rare opportunity to acquire a full operational hospitality destination in one of New York's most desirable getaway regions just two hours North of Manhattan. Spanning 15 acres, the main hotel property features approximately 20 luxury accommodations, a full service restaurant and bar, a large pool, and multiple event spaces designed to host weddings, retreats and private gatherings for up to 200 guests. The property is complemented by five large rental houses on an andjacent 10 acre parcel and an additional 9 acres of development land, all available for purchase individually or as a package. The hotel's amenities include a vegetable garden for guests, ample parking, and a curated guest experience that blends upscale comfort with rural charm. With no liens or judgments and a gross annual income of approximately $1.1 million, this turnkey business offers immediate profitability and long term growth potential.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$18 USD /SF

# OF ROOMS

24

PRICE/ROOM

$500,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Well Known Hotel in New York

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

3400-055 001-0001-022 000-0000

ASK ABOUT THIS PROPERTY

George DonohueInternational Properties GroupMore Info
347-573-8354

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George DonohueInternational Properties GroupMore Info
347-573-8354

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