Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel Resort
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Hotel & Motel
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
R5 · Kerhonkson, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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