143 St Josephs Hill Rd Forestburgh, NY 12777

Property Details for 143 St Josephs Hill Rd

Lot size

3.99 lot acres

Property size

173,804 SF

Property type

Commercial real estate

Description

This exceptional Forestburgh, NY property offers a unique investment opportunity spanning 3.99 acres. The 173,804 square foot mixed-use property boasts five separate buildings containing a total of ten units, comprising 21 bedrooms, 50 beds, and 15 bathrooms. Each building has undergone recent updates, including new electric systems and security cameras. Amenities include an in-ground swimming pool, landscaped common areas with fire pits and barbeque grills, ample parking, and a lounge with a bar and pool table. The main building is the largest, featuring 11 bedrooms, 6 bathrooms, and a bar/lounge area. The remaining buildings offer a variety of bedroom and bathroom configurations. The property is equipped with mini-split heating and cooling units, eat-in kitchens/kitchenettes, screened-in porches, and a laundry room. Well water and four septic tanks service the property. The property is zoned Residential Recreation (RR-1), allowing for potential expansion. Its successful history as an Airbnb operation demonstrates strong income potential, making it ideal for a hybrid investment – a private estate with lucrative rental income. The property's location offers easy access to numerous recreational activities, including hiking, fishing, and skiing, as well as cultural attractions like The Forestburgh Playhouse and Bethel Woods Center for the Arts. Convenient proximity to supermarkets, a post office, and Home Depot adds to its appeal. Located approximately two hours from New York City, this property presents a rare combination of luxury, income potential, and recreational opportunities. The asking price is $1,450,000.