Property profile

6319 Main St Tannersville, NY 12485

OFF-MARKET
Commercial real estate
16.95 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 16.95 ac (738,342 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6319 Main St Tannersville, NY 12485
Tannersville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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