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Property profile & analytics
FOR SALE
Commercial real estate

239 Springtown Rd New Paltz, NY 12561

Property ID
US63-6218114
No photos on file
For Sale
$1,700,000
239 Springtown Rd, New Paltz, NY 12561
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Property summary
AI-generated overview

This exceptional 71.8-acre property in New Paltz, NY, presents a remarkable investment opportunity. Located in the picturesque Hudson Valley, near the Shawangunk Mountains, this land boasts unparalleled views and features two ponds. Previously a successful equestrian breeding and training center, the property includes two spacious center hall stables, a large storage facility, a silo, and lush paddocks. The existing infrastructure offers significant potential for various ventures, including hospitality (weddings, events), agritourism (e.g., a distillery), or continued equestrian operations. The property also includes a charming 4-bedroom, 2-bathroom farmhouse with a fireplace. The current business operations are available for inclusion in the sale. Priced below appraised value, serious offers are encouraged. This is a rare chance to acquire a piece of Hudson Valley history and capitalize on its vast potential for development and expansion. The property's expansive pastures and existing structures provide a solid foundation for a wide range of commercial uses. The location offers stunning natural beauty and proximity to local amenities. This unique offering combines historical charm with significant commercial possibilities, making it an ideal investment for discerning buyers seeking a high-return opportunity in a desirable location. The 71.8-acre parcel is zoned for commercial use and offers significant upside potential for future development.

Property profile
Verified
Property type Commercial real estate
UPID US63-6218114
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coppersea Distilling Brewery & Distillery Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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