7584 State Route 97, Narrowsburg, NY 12764
This exceptional 3.2-acre property, encompassing three lots totaling over five acres, presents a unique development opportunity in the heart of the Catskill region. Located on State Route 97, between the charming towns of Narrowsburg and Cochecton, New York, this site boasts unparalleled access to the Delaware River and its recreational amenities, including rafting, kayaking, and fishing. The area is renowned for its vibrant atmosphere, featuring farmers' markets, trendy shops reminiscent of SoHo, and diverse dining options. The property's previous use as a ten-unit motel suggests significant potential for various ventures, from building cottages to establishing a thriving business. Its strategic location offers easy access to the George Washington Bridge, approximately two hours away, making it an attractive destination for both local and out-of-state visitors. This is a blank canvas for creative visionaries seeking to capitalize on the beauty and burgeoning tourism of the Catskills. The property's size and location provide ample space and flexibility for a wide range of development projects, subject to obtaining the necessary permits. Don't miss this chance to acquire a piece of the Catskills' vibrant landscape. This is a rare opportunity to create something truly special.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.