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    746 Rt. 23B Catskill, NY 12414

    For Sale
    $1,599,000

    Commercial property with high visibility and redevelopment potential.

    Lot size:
    2.00 Acres

    Property Features for 746 Rt. 23B

    General Information

    Lot size
    2.00 Acres

    Building Details

    Year built
    1997

    Source: Century 21 New West Properties Agent Karen A. Deyo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Catskill Commercial Property on Thruway

    This commercial property is located at Exit 21 of the NYS Thruway in Catskill, NY. The site is zoned commercial and consists of 2.0 acres. The existing 11,466 sq. ft. building is currently operating as a banquet hall and restaurant, offering potential for restaurant, retail, hotel, or redevelopment use. The building includes separate retail space and owner's quarters. The property features over 100 parking spaces, municipal water and sewer, and 1,000 sq. ft. of road frontage on both I-87 and State Route 23B. It benefits from exposure to millions of vehicles annually. The location is 10 minutes from Hudson and 30 minutes from Windham and Hunter Ski Resorts. New developments in the area include a Stewart's Shop, Camptown Resort, and the upcoming Hampton Inn.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Catskill
    County
    Greene
    State
    New York
    Longitude
    -73.9283
    Latitude
    42.2274

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    FAQs

    What type of property is this?
    Restaurant - Commercial property with high visibility and redevelopment potential.
    Where is this restaurant located?
    The property is located at 746 Rt. 23B Catskill, NY.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Prime location at Exit 21 of the NYS Thruway (I-87) with unmatched visibility and access.; - High-traffic area with 1,000 sq. ft. of road frontage on both I-87 and State Route 23B, exposed to millions of vehicles annually.; - Versatile commercial zoning allowing for restaurant, retail, hotel, or redevelopment use.
    (518) 755-4376
    Request Owner's contact information
    746 Rt. 23B 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    746 Rt. 23B Catskill, NY 12414
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