6319 Main St, Tannersville, NY 12485
This exceptional 16.95-acre property in Tannersville, NY, presents a remarkable investment opportunity. Situated atop the Catskill Mountains, this land boasts stunning views and offers a unique blend of commercial and residential potential. The property includes two acres of prime commercial frontage, ideally suited for a mixed-use development. Imagine a thriving community with approximately forty residences, totaling around 130 rooms, built on approximately 0.5-acre lots. The location is incredibly convenient, just minutes away from the renowned Hunter Ski Resort, ensuring high demand and strong rental potential. Infrastructure is largely in place, with municipal water readily available and no town sewer charges. Electricity is accessible both on the road and directly on the property. The tranquil setting is further enhanced by its adjacency to a golf course, adding to the overall appeal and desirability of this exceptional parcel. This is a rare chance to capitalize on the growing multifamily market in Upstate New York and create a vibrant, successful development in a breathtaking location. The expansive lawns and surrounding Catskill Forest Preserve provide a picturesque backdrop for this exciting venture. This property offers a unique combination of commercial viability and natural beauty, making it an unparalleled investment opportunity.
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.