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    3311 Ny-23A 3311 Palenville, NY 12463

    • Commercial real estate
    • 10,479 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3311 Ny-23A 3311

    Year built
    2000
    Lot size
    1.38 lot acres
    Property size
    10,479 SF
    Property type
    Commercial real estate

    Description

    This exceptional 10,479 sq ft property, situated on 1.38 acres in Palenville, NY, presents a unique investment opportunity. The beautifully restored venue boasts nine guest rooms, expansive indoor and outdoor event spaces perfect for weddings and concerts, two custom oakwood bars, and a professional stage. A vintage food truck, large commercial/catering kitchen, and substantial basement storage complete the offering. The property enjoys a prime location at the intersection of Routes 32A and 23A, a high-traffic corridor in Upstate NY. Its proximity to Kaaterskill Falls, Hunter and Windham Ski Resorts, North/South Lake State Park, and the towns of Woodstock and Hudson ensures consistent visitor traffic year-round. The meticulously restored interior blends historic charm with modern amenities, while the expansive hemlock-fenced lawn and gardens offer stunning mountain, sunset, and waterfall views of Kaaterskill Clove. This turnkey operation is ready for a new owner to continue its success, hosting events, accommodating guests, and becoming a vital part of the vibrant Catskills community. The property's location at the gateway to ski country and across from a popular eatery further enhances its appeal and potential for continued growth. This is a rare chance to acquire a thriving business with significant upside in a picturesque and desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palenville
    County
    Greene
    State
    New York
    Longitude
    -74.0151
    Latitude
    42.1792

    Comparable in this City

    • Value Estimation by Request
      5,980 SF

      574 Route 32A

      Commercial real estate • 5,980 SF
      574 Route 32A, Palenville, NY 12463
      View Details
    • Value Estimation by Request
      2,256 SF

      3303 Rte 23a

      OFFICE/RESIDENTIAL (MIXED USE) • 2,256 SF
      3303 Rte 23a, Palenville, NY 12463-2318
      View Details
    • Value Estimation
      $300,000
      1,728 SF

      3317 Rte 23a

      OFFICE/RESIDENTIAL (MIXED USE) • 1,728 SF
      3317 Rte 23a, Palenville, NY 12463-2318
      View Details
    • Value Estimation by Request
      1,280 SF

      3328 Rte 23a

      OFFICE/RESIDENTIAL (MIXED USE) • 1,280 SF
      3328 Rte 23a, Palenville, NY 12463-2312
      View Details
    • Value Estimation by Request
      9.30 Acres

      3335 Ny-23A

      Multifamily properties • 9.30 Acres
      3335 Ny-23A, Palenville, NY 12463
      View Details
    • Value Estimation
      $3,405,000
      3,265 SF

      334 Rte 32a

      MOTEL • 3,265 SF
      334 Rte 32a, Palenville, NY 12463-2726
      View Details
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    3311 Ny-23A 3311
    Palenville, NY 12463
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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