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    OFF-MARKET
    Retail properties & Spaces

    3335 Ny-23A, Palenville, NY 12463

    9.3 ac lot Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Palenville, NY, presents five buildings situated on a sprawling 9.3-acre lot. Built in 1950, this mixed-use property offers a unique blend of hospitality, multifamily, and retail potential. The property's prime location, just 10 miles from both the New York State Thruway and the renowned Hunter Mountain trails, provides unparalleled access and convenience. The picturesque setting along the Kaaterskill Creek adds to its inherent charm and appeal. With over 10 acres of land, this property presents a wealth of possibilities for expansion and development. The asking price is $2,900,000. This is a rare chance to acquire a substantial property with significant upside potential in a desirable location. The existing structures offer immediate income generation, while the expansive land provides ample room for future growth and diversification. Don't miss this chance to own a piece of the beautiful Catskill region. The property's proximity to major transportation routes and popular recreational areas ensures strong demand and long-term value. This is an ideal investment for those seeking a high-return property with significant development potential. The spectacular views and water access further enhance the property's desirability and market value.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Lot 9.3 ac (405,108 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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