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Property profile

3 Horsemans Trl Cold Spring, NY 10516

OFF-MARKET
Specialty properties
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13 ac lot

Property summary

AI-generated overview

This exceptional 13-acre property in Cold Spring, NY, presents a rare investment opportunity. Located less than two hours from New York City, this unique offering combines industrial zoning with significant agricultural potential. The main structure is a post-frame home featuring a separate mother-in-law apartment, ideal for multi-generational living or guest accommodations. The property boasts a diverse array of outbuildings, including a repurposed 1771 church and other structures suitable for various uses. Infrastructure includes a 22 kW grid-tied solar system, two fully operational septic systems, and a private well, ensuring both sustainability and functionality. The fertile land is perfect for farming, livestock, or equestrian pursuits, situated within an agricultural protection zone. There's potential for a three-lot subdivision, significantly increasing the property's value and development options. This property is being sold together with an adjacent lot (OneKey MLS #6331776), offering a combined acreage and investment opportunity. The asking price is $2,600,000, with an occupancy date of January 1, 2025. This is a truly unique property, offering a blend of historical charm, modern amenities, and significant development potential. Don't miss this chance to acquire a piece of New York's Hudson Valley.

Property profile

Verified
Property type Specialty properties
Lot 13 ac (566,280 SF)

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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