Building Details

Year Built 1990

Buildings 1

Stories 2

Units 23

Listing Agency: Gregory Tarone g***@taroneesq.com

Listed By: Greg Tarone · License #NY 10491212413

Source: Crexi

Added: Sep 7, 2023 Changed: Aug 7 Last Checked: Aug 6 at 3:01PM

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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 Gregory Tarone

Investment Insights

Based on property information with market context.

The Sullivan Motel & Diner, located at 960 and 968 Parksville Rd in Parksville, NY, presents an investment opportunity. The property is suitable for either a rehabilitation project or a redevelopment project. A potential use for the property is an RV resort with amenities. The property could also be transformed into a truck stop, motel, and fly-fishing destination on the Little Beaver Kill Stream. The property size is 6000 square feet.

Key Highlights

• First Purchase Money Mortgage offered by seller: 30% down, 70% balance at 6% interest‑only (monthly) up to 5 years, no fees or prepayment penalty.
• Incredible investment opportunity for rehab or redevelopment.
• Potential for RV resort development with amenities.

Property Analytics

Current Use

Specialty properties

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Demographics for 12758, NY

4,033

Population

3,114

Households

1.3

Avg Household Size

46

Median Age

25%

College-Educated

91%

High-School Grad

153.6 sq mi

ZIP Area

26

Density / Sq Mi

$50,577

Median Household Income

$41,036

Median Earnings

$938

Median Rent

$171,000

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Specialty property - Investment opportunity: motel and diner for rehab or redevelopment.

Where is this specialty property located?

The property is located at 960/968 Parksville Rd Lew Beach, NY.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: First Purchase Money Mortgage offered by seller: 30% down, 70% balance at 6% interest‑only (monthly) up to 5 years, no fees or prepayment penalty.; Incredible investment opportunity for rehab or redevelopment.; Potential for RV resort development with amenities.