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    OFF-MARKET
    Commercial real estate

    7584 State Route 97, Narrowsburg, NY 12764

    3.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.2 ac (139,392 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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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