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    Property profile & analytics

    37283 State Hwy 23 Grand Gorge, NY 12434

    • Motels
    • 2,432 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US63-4094247
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motels

    Property Details for 37283 State Hwy 23

    Year built
    1980
    Lot size
    1.10 lot acres
    Property size
    2,432 SF
    Zone code
    01 - NOT ZONED
    Property type
    Motels
    APN
    124800 92.1-2-5
    APU
    12480092125

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grand Gorge
    County
    Delaware
    State
    New York
    Longitude
    -74.4928
    Latitude
    42.3626

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $9,615
    $34,500
    $315,500
    $350,000
    -
    $50,735
    $463,965
    $514,700

    Comparable in this City

    • Value Estimation
      $450,000
      1,488 SF

      55 Park Ln, Unit 197

      MOBILE HOME PARK, TRAILER PARK • 1,488 SF
      55 Park Ln, Grand Gorge, NY 12434-7011
      View Details
    • Value Estimation
      $305,000
      3,204 SF

      36793 State Hwy 23

      AUTO REPAIR, GARAGE • 3,204 SF
      36793 State Hwy 23, Grand Gorge, NY 12434-1352
      View Details
    • Value Estimation
      $240,000
      3,000 SF

      60095 State Hwy 30

      OFFICE BUILDING • 3,000 SF
      60095 State Hwy 30, Grand Gorge, NY 12434
      View Details
    • Value Estimation by Request
      0.08 Acres

      State Hwy 23

      VACANT COMMERCIAL LAND • 0.08 Acres
      State Hwy 23, Grand Gorge, NY 12434
      View Details
    • Value Estimation by Request
      0.38 Acres

      State Hwy 30

      VACANT COMMERCIAL LAND • 0.38 Acres
      State Hwy 30, Grand Gorge, NY 12434
      View Details
    • Value Estimation by Request
      660 SF

      37236 State Hwy 23

      STORE/OFFICE (MIXED USE) • 660 SF
      37236 State Hwy 23, Grand Gorge, NY 12434-1334
      View Details

    Similar Nearby for Sale

    • $795,000
      2,472 SF

      Grand Gorge Restaurant & Building

      Established eatery, prime location, high potential.
      36422 Ny-23, Grand Gorge, NY 12434
      View Details
    • $299,000
      11.36 Acres

      Hudson Land with Mountain Views

      11.36-acre parcel with approved site plan near Hudson.
      410 County Rt. 25, Hudson, NY 12434
      View Details
    • $595,000
      2,472 SF

      Restaurant Opportunity on State Highway

      Established restaurant with indoor/outdoor dining and ample parking.
      36422 State Highway 23, Grand Gorge, NY 12434
      View Details
    • $1,499,000
      3,720 SF

      Turnkey Restaurant and Apartment Building

      Established restaurant with apartment in the Catskills region.
      37249 State Highway 23, Grand Gorge, NY 12434
      View Details
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    37283 State Hwy 23
    Grand Gorge, NY 12434
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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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