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Property profile & analytics
OFF-MARKET
Commercial real estate

62 Water St Catskill, NY 12414

20,208 SF 1.06 ac lot Built 2017
Property ID
US63-4419350
Property summary
AI-generated overview

This exceptional 1.06-acre waterfront property in Catskill, NY, presents a unique investment opportunity. The site boasts a fully operational, state-of-the-art 20,208 square foot production facility, which has served as a filming location for major streaming services including Netflix, Apple TV, and HBO/Max. This existing revenue stream is complemented by a versatile event space with a capacity of 450 seated and 600 standing guests, including sleeping accommodations for 24 people. Three additional buildings totaling 13,450 square feet further enhance the property's potential. The significant 110,818 square feet of air rights, combined with the prime waterfront location on Catskill Creek (a tributary to the Hudson River Estuary), unlocks substantial mixed-use development potential, estimated at nearly 150,000 square feet. Docking stations are permitted, adding to the property's appeal. The property includes a detached garage with parking for four or more cars and an elevator. This turnkey operation offers immediate income generation and significant long-term development upside in a rapidly growing Hudson Valley community. This is a rare chance to acquire a multifaceted property with established revenue and immense future growth potential.

Property profile
Verified
Property type Commercial real estate
Year built 2017
Total area 20,208 SF
Lot 1.06 ac (46,174 SF)
UPID US63-4419350
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lumberyard Center for Film and Performing Arts Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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