178-188 Route 42, Shandaken, NY 12480 (MLS# 20164361)
$900,000
Shandaken, NY 12480
MLS# 20164361
Status: Closed
14414 sqft
1 / 31
Property Description
Come quickly to see this 23 room Inn situated just minutes to Belleayre and Hunter Mountain ski areas. Sixty sprawling mountain acres with numerous potential building sites. Conveniently located just 2.5 hours from the GWB or Lincoln Tunnel, this property boasts a built-in clientele from the tri-state area who regularly visit the region for all it has to offer year-round. This unique investment property currently benefits from high weekend occupancy – in addition to valuable lodging and restaurant/bar overflow from nearby boutique hotels. Patrons can take advantage of all the nearby Catskills attractions or simply relax on-site by hiking, dining, having a cocktail at the bar, swimming, playing tennis, or socializing at the fire pit just outside the revered restaurant and bar. Bring your unique cosmetic vision to the property’s stoic main building, guest rooms, and the chalet’s clean exterior lines with retro flair. Winter ski season is coming. Numerous possibilities abound to shape this solid investment into your own brand!
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Betes
Owner Phone: 8453895030
Current Price: $900,000
Original List Price: 1250000
Sold Price: $900,000
Status: Closed
Listing Contract Date: 2016-09-15
Property Sub Type: Business
Location, Tax, and Legal
Township: Shandaken
School District: Onteora Central
Elementary School: Phoenicia K-3
General Tax: 10660
School Tax: 12560
Tax Assessed Value: 275000
Tax Legal Description: 13,2,178-188 Route 42
Parcel Number: NY111
Tax Lot: 13
Tax Block: 2
Zoning: COM1
Directions: Take Route 28 West and make a right on Route 42 and Inn is about one mile on your right.
General Property Information
Business Name: Catskill Seasons Inn
Number Of Units Total: 0
Lot Size Acres: 60
Lot Size Dimensions: 60 acres
Accessibility Features YN: Yes
Sign On Property YN: No
List Price/SqFt: 79.78
Sold Price/SqFt: 62.44
Living Area: 14414
Year Built: 1978
Remarks and Miscellaneous
Public Remarks: Come quickly to see this 23 room Inn situated just minutes to Belleayre and Hunter Mountain ski areas. Sixty sprawling mountain acres with numerous potential building sites. Conveniently located just 2.5 hours from the GWB or Lincoln Tunnel, this property boasts a built-in clientele from the tri-state area who regularly visit the region for all it has to offer year-round. This unique investment property currently benefits from high weekend occupancy – in addition to valuable lodging and restaurant/bar overflow from nearby boutique hotels. Patrons can take advantage of all the nearby Catskills attractions or simply relax on-site by hiking, dining, having a cocktail at the bar, swimming, playing tennis, or socializing at the fire pit just outside the revered restaurant and bar. Bring your unique cosmetic vision to the property’s stoic main building, guest rooms, and the chalet’s clean exterior lines with retro flair. Winter ski season is coming. Numerous possibilities abound to shape this solid investment into your own brand!
Status Change Information
Status Change Timestamp: 2017-06-30
Buyer Financing: Seller Financing
Concessions Amount: 0
Major Change Timestamp: 2017-06-30T23:46:52Z
Major Change Type: Status Change
Purchase Contract Date: 2017-06-27
Close Date: 2017-06-30
Close Price: 900000
Appliances
Water Heater: 1
Other: 1
Basement
Full: 1
Other: 1
Book Information
Liber/Book: D4153
Page: 219
Section: 5.1
Construction Materials
Frame: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Wall Unit(s): 1
Electric
200+ Amp Service: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Marble: 1
Other: 1
Heating
Baseboard: 1
Hot Water: 1
Oil: 1
Lot Features
Level: 1
Rock Outcropping: 1
Sloped: 1
Subdivided: 1
Other Structures
Second Garage: 1
Second Residence: 1
Other: 1
See Remarks: 1
Road Frontage Type
State Road: 1
Security Features
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Showing Considerations
Occupied: 1
Documents Available
Survey: 1
Income and Expenses
Financials Available Y/N: Yes
Location
Rural: 1
Building Features
Includes Deck: 1
Includes Patio: 1
Kitchen Facilities: 1
Laundry Room: 1
Business Type
Bar/Tavern/Lounge: 1
Showing Information
Showing Instructions: Call L/A
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: Parking Spaces 20+, Age: 41-60, Water Source: Drilled Well, Garage: 2475 Sq Ft
Location Tax and Legal
Street Number: 178-188
Street Name: Route 42
County: Ulster
State: NY
Zip Code: 12480
Town (Taxable): Shandaken
Property Features
Appliances: Water Heater; Other
Basement: Full; Other
Building Features: Includes Deck; Includes Patio; Kitchen Facilities; Laundry Room
Business Type: Bar/Tavern/Lounge
Construction Materials: Frame
Cooling: Ceiling Fan(s); Central Air; Wall Unit(s)
Documents Available: Survey
Electric: 200+ Amp Service
Flooring: Carpet; Ceramic Tile; Hardwood; Marble; Other
Heating: Baseboard; Hot Water; Oil
Location: Rural
Lot Features: Level; Rock Outcropping; Sloped; Subdivided
Other Structures: Second Garage; Second Residence; Other; See Remarks
Road Frontage Type: State Road
Security Features: Smoke Detector(s)
Sewer: Septic Tank
Showing Considerations: Occupied
Listing Courtesy of Halter Associates Realty
Listing Agent: Jane Simmons