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25 State Route 55 Barryville, NY 12719

Motels Google Maps
728 SF 3.94 ac lot Built 1997
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$795k
Range $716k – $875k (±10%)
Property ID US63-5897128

Property summary

AI-generated overview

This exceptional 108.08-acre property in Barryville, NY, presents a unique investment opportunity. Situated along the scenic Delaware River, this former resort boasts a prime location just off State Route 55 and Mail Road, offering excellent visibility and accessibility. The property includes a 7,106 square foot main building currently undergoing renovations, featuring new insulation, sheetrock, plumbing, and electrical systems. This six-room guesthouse is complemented by five additional guest cottages, providing ample accommodation for guests. Two storage sheds are also included on the property. Recreational amenities are abundant, including a large inground pool, and the surrounding area offers plentiful opportunities for hiking, fishing, canoeing, kayaking, and hunting, thanks to the presence of lakes and streams. The property's location within Sullivan County provides easy access to the natural beauty of the region, attracting visitors from the New York, New Jersey, and Pennsylvania metropolitan areas. Its strategic location also offers potential for future subdivision or expansion of the existing resort or development of a new business venture. Conveniently located within 30 minutes of commuter trains and buses, and just two hours from the George Washington Bridge, this property offers the best of both worlds: a tranquil, natural setting with easy access to major transportation hubs. The asking price is $2,400,000.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1997
Total area 728 SF
Lot 3.94 ac (171,626 SF)
Zoning code HC
APN 483400 28.-11-3
UPID US63-5897128

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
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$795k

Owner & transaction history

since 2022
Last sale
$900,000
6 recorded transactions
2022
$900,000
2022
Price N/A
2018
Price N/A
2008
$850,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HC · Barryville, NY

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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