Property profile

400 Game Farm Rd Catskill, NY 12414

OFF-MARKET
Specialty properties
Property ID
US63-4348338
3,452 SF 193 ac lot Built 1925
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 203-acre property located at 400 Game Farm Road, Catskill, NY 12414, presents a unique investment opportunity in the heart of the Hudson Valley. The land, zoned for residential use (Res), boasts stunning mountain views and a rich history, having operated as the Catskill Game Farm since 1933. A significant portion of the property includes a beautifully renovated boutique hotel, featuring six elegantly appointed bedrooms, a spacious common area, a game room, a chef's kitchen, and an outdoor hot tub. Further enhancing the property's appeal are upscale glamping sites, catering to a growing tourism market. The property's multiple water wells and varied topography offer considerable potential for a residential development, with numerous buildable sites already accessible via existing roads. Existing structures on the property could be repurposed for permitted uses, subject to local regulations. This remarkable property offers a blend of established hospitality infrastructure and significant undeveloped land, presenting a rare chance to create a truly unique and profitable venture in a highly desirable location. The asking price is $2,999,999.

Property profile

Verified
Property type Specialty properties
Use group ZOO
Year built 1925
Total area 3,452 SF
Lot 193 ac (8,407,080 SF)
Zoning code 08 - GOVERNMENTAL
APN 192689 153.00-1-11.1
UPID US63-4348338

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Vacation Rental Bed & Breakfast
  • Tour Operator
  • Business Service Center Corporate Office

Location

400 Game Farm Rd Catskill, NY 12414-5517
Catskill metro Census 81101
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

Zoning & alternative use

08 - GOVERNMENTAL · Catskill, 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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