Property summary
This exceptional 5,600 sq ft, two-story building in Tannersville, NY, presents a unique investment opportunity. Located on a 0.25-acre lot at a prime Main Street corner, this fully renovated (2019) property boasts high visibility and ample on and off-street parking. The building, constructed in 1954, features a mix of commercial and residential spaces, perfect for a variety of uses. The main floor offers versatile space ideal for retail, a restaurant, or a cafe, complemented by an outdoor back deck with expansion potential. Upstairs, find fully renovated spaces with a kitchen and multiple bathrooms, suitable for additional retail, a cafe, or even residential units. The lower level includes a renovated office or living space with two bedrooms and one bathroom, perfect for staff housing or rental income. With its vaulted ceilings, exposed beams, hardwood floors, and brand new windows and doors, this property captures the quintessential Catskills charm. Its multi-use zoning allows for creative adaptation, potentially including a rooftop bar or restaurant with stunning views. Situated just minutes from Hunter Mountain and a 2.5-hour drive from New York City, this property benefits from the growing popularity of the Catskills region. The asking price is $1,100,000. Three keys are included.
Property profile
VerifiedCap rate & NOI
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
01 - NOT ZONED · Tannersville, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 01 - NOT ZONED in Tannersville, NY.
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