400 Granite Rd Kerhonkson, NY 12446
Property profile & analytics
400 Granite Rd Kerhonkson, NY 12446
- Hotels
- 34,000 SF
- 369.80 lot acres
Property ID
US63-6240899
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.
Location Intelligence
Current Use by Public Records
- Hudson Valley Resort & Spa / Hotel & Motel / Resort
- Vacation Valley Resort / Hotel & Motel
- HOPPY HALLOWEEN RESORT / Hotel & Motel
Property Details for 400 Granite Rd
- Year built
- 1970
- Lot size
- 369.80 lot acres
- Property size
- 34,000 SF
- Zone code
- R5
- Property type
- Hotels
- APN
- 514400 76.4-1-56.110
- APU
- 514400764156110
Description
This exceptional 550-acre property, encompassing four parcels (76.4-1-56.110, 76.3-1-11.120, 76.4-1-38, 76.4-2-39.100), presents a unique investment opportunity. Currently operating as The Hudson Valley Resort, this legendary Granite Hotel boasts 232 functioning rooms and a wealth of amenities. Imagine the possibilities within this expansive landscape, previously home to a golf course and ski slope. The resort features a welcoming lobby, a picturesque lake, both indoor and outdoor pools, a theater, multiple large convention spaces ideal for private functions and events, a restaurant, and several kitchens. While the property requires updating and not all sections are currently operational, its sheer size and potential are undeniable. The 200,000 square foot main building offers significant space for redevelopment and expansion. The listed tax amount reflects the assessment for all four parcels. This is a rare chance to acquire a substantial resort property with immense potential for revitalization and future growth in the desirable Hudson Valley region. The property's scale and diverse amenities provide a blank canvas for a wide range of development scenarios. Priced at $15,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,030,000
- 6.5%
- $2,795,000
- 7%
- $2,595,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,191,000
Market price range: $717k - $2.97M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,830,000 Current use
- COMMERCIAL (GENERAL)
- $4,035,000 Change: +121% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,930,000 Change: +115% Conversion: Difficult
- OFFICE BUILDING
- $3,395,000 Change: +86% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,305,000 Change: +26% Conversion: Difficult
- MEDICAL BUILDING
- $2,270,000 Change: +24% Conversion: Difficult
- RETAIL STORES
- $2,160,000 Change: +18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Kerhonkson
- County
- Ulster
- State
- New York
- Longitude
- -74.2679
- Latitude
- 41.7686
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA
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
0
$0.00
$860,000
$2,785,000
$3,645,000
-
$1,365,079
$4,420,635
$5,785,714
