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    4858 Route 32 Catskill, NY 12414

    Sponsored
    For Sale
    $6,500,000

    Luxury Hotel & Commercial Complex

    Property size:
    450,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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.

    Property Features for 4858 Route 32

    General Information

    Property type
    Mixed-use properties
    Square Feet
    450,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Auto Repair Shop Hotel & Motel HVAC Service Travel Agency Bed & Breakfast Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Catskill
    County
    Out of Area
    State
    New York
    Longitude
    -73.98048
    Latitude
    42.20764

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    FAQs

    What type of property is this?
    Mixed-use property - Luxury Hotel & Commercial Complex
    Where is this mixed-use property located?
    The property is located at 4858 Route 32 Catskill, NY.
    What is the asking price?
    The asking price for this property is $6,500,000.
    (718) 353-8818
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    4858 Route 32 Catskill, NY 12414
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    Catskill, NY 12414
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4858 Route 32 Catskill, NY 12414
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