Iconic Woodstock Hotel For
5 Rock City Road Woodstock, NY 12498
5 Rock City Road, Woodstock, NY, 12498
$2,700,000
Pending
For Sale
$2,700,000
Pending
Mixed-use property with hotel, residential, and retail spaces.
Property Size6,800 SF
Days on Market947
Property Features for 5 Rock City Road
General Information
- Standard status
- Pending
- Size
- 6,800 SF
- Property subtype
- Multi-Family / Multi-Unit
Building Details
- Year Built
- 1935
Listing Agency
BHHS HUDSON VALLEY PROP-NP
(845) 255-9400
Listed by
Theodore Chazkel · License #10401377380
(845) 255-9400
Source
Compass
Added: Dec 13, 2023 Checked: Jul 17 at 5:45 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS HUDSON VALLEY PROP-NP
Investment Insights
Based on property information with market context.
The Woodstock Hotel, a prominent landmark in the heart of the village, has been operating for over 85 years. The property includes a main building with over 6000 square feet, housing 8 residential units and 4 storefronts, plus a separate 800-square-foot cottage on Tannery Brook with one residential unit and one retail space, totaling 9 units and 5 storefronts. The property has a transferable permit to operate as a boutique hotel. The fully furnished and equipped lodging units, all with kitchens and full baths, are rented through Airbnb and VRBO. There are four 2-bedroom units, four 1-bedroom units, and one studio apartment. A permit has been secured for one outdoor vending space, offering an opportunity to increase revenue by renting to a food truck. Four of the five retail spaces are currently occupied, with the fifth being held vacant. Recent improvements include new sidewalks, paving, striping of the 14-space parking lot, and electrical updates. The property has a consistently high occupancy rate and thousands of five-star reviews. Detailed financials are available to qualified purchasers.
Key Highlights
- High occupancy rate and thousands of five‑star reviews indicate strong customer satisfaction and revenue potential.
- Transferable permit to operate as a boutique hotel offers immediate business opportunity.
- Prime location in the heart of Woodstock village with high visibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $18.00 |
| − Vacancy | −$6.7k | −$0.99 |
| EGI | $115.7k | $17.01 |
| − OpEx | −$34.7k | −$5.10 |
| NOI | $81.0k | $11.91 |
6,800 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$55.38M
$48.46M – $64.61M
NOI $3,876,835 @ 7.0% cap · market cap 143.59%
Second Best
Retail
$1.16M
$1.01M – $1.35M
NOI $80,968 @ 7.0% cap · market cap 3.00%
Theoretical Best
Multifamily LT 5
$63.59M
$55.64M – $74.19M
NOI $4,451,439 @ 7.0% cap · market cap 164.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Walkabout
Boutique
Rock City Vintage
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with hotel, residential, and retail spaces.
Where is this mixed-use property located?
The property is located at 5 Rock City Road Woodstock, NY.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: High occupancy rate and thousands of five‑star reviews indicate strong customer satisfaction and revenue potential.; Transferable permit to operate as a boutique hotel offers immediate business opportunity.; Prime location in the heart of Woodstock village with high visibility.
