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    Amsterdam, NY
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    Hagaman, NY Broadalbin, NY Galway, NY Rotterdam, NY Charlton, NY Gloversville, NY Fort Johnson, NY Tribes Hill, NY
    Historic Boutique Hotel and Event Destination
    Updated: May 16
    Historic Boutique Hotel and Event Destination

    49 FLORIDA AVE, Amsterdam, NY 12010

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    22,539 sqft
    Historic boutique hotel and event destination built in 1970 at 49 Florida Avenue in Amsterdam, NY
    Approximately 22 guest rooms, with potential to expand to nearly 30 rooms through minimal reconfiguration
    Gross annual revenues approximately $800,000 to $1,000,000 with average occupancy of 75% to 80% annually
    Average room rates range from $250 to $300 per night; peak‑season reservations often booked more than 30 days in advance
    Includes a second‑floor terrace approximately 70 ft by 25 ft with panoramic views, suitable for weddings, receptions, and upscale events
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Amsterdam, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Hotel Pub & Eatery
    Historic Hotel Pub & Eatery

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    Historic hotel pub and eatery on Main Street featuring 12 guest rooms, an owners suite, and event-ready dining spaces.

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    COMMERCIAL - Broadalbin, NY
    COMMERCIAL - Broadalbin, NY

    59 W Main St, Broadalbin, NY 12025

    $1,650,000
    2.10 AC lot

    Historic hotel pub and eatery on Main Street featuring 12 guest rooms, an owners suite, and event-ready dining spaces.

    View details
    Hotel Property
    Hotel Property

    189 Wolf Road, Albany, NY 12205

    Contact for pricing

    Hotel asset located on Wolf Road within Albany’s established hospitality market.

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    312-Room Full-Service Hotel
    312-Room Full-Service Hotel

    205 Wolf Rd, Albany, NY 12205

    Contact for pricing

    Leasehold hotel interest with meeting facilities, pools, dining, and a broad range of guest amenities.

    View details

    Amsterdam, NY Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Amsterdam, NY on our real estate platform. These investment opportunities span a total of 22,539 square feet of properties for sale.

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    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) -3.1%
    Median Household Income $60,013
    College Educated 32.5%

    Taxes & Financing

    Tax Rate (average for all types) 4.00%
    Property Tax per SF $42.56 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

    Total CRE Inventory on Market (SF)

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