172 Airport Rd, Yulan, NY 12792
This exceptional hospitality property, located at 172 Airport Road in Yulan, New York, presents a unique investment opportunity. The 8.66-acre site features a main house and nine additional buildings, totaling ten structures, and offering 38 rooms. Currently configured as a former hotel, this property is ideally suited for a variety of uses, including a hotel, inn, boarding home, tourist home, or even fraternity/sorority housing. The property's lakefront location provides significant appeal and potential for increased revenue. The existing infrastructure offers a solid foundation for redevelopment or continued operation as lodging. The property's zoning allows for a range of uses, providing flexibility for future development plans. Annual real estate taxes are $28,382.75, comprising $14,721.88 in school taxes and $13,660.87 in town taxes. This property offers significant potential for a savvy investor seeking a profitable venture in Sullivan County, New York. The property's size and existing buildings provide ample space for expansion or renovation, catering to a variety of hospitality needs. The location in Yulan, NY, 12792, offers access to local amenities and attractions, further enhancing its appeal to potential guests or residents.
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Kastoria Realty Real Estate Agency
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.