435 Main Street, Rosendale, NY 12472 (MLS# 20233525)
$1,680,000
Rosendale, NY 12472
MLS# 20233525
Status: Closed
6451 sqft

1 / 31
Property Description
Opportunity to own one of the finest boutique hotels in the Hudson Valley, with 12 guest rooms, restaurant, historic tavern, and huge 4,500 square foot deck with beautiful river views. The 1850 House Inn & Tavern is an established hospitality and wedding venue, situated along Main Street in the heart of the charming hamlet of Rosendale. Purpose-built as a hotel circa 1850, the historic brick building is an exact replica of the legendary American Hotel in Sag Harbor. The property features a large 1.03-acre lot with ample parking and nearly 200 feet of direct river frontage along the bucolic Rondout Creek. The hotel enjoys a great location at the geographical center of the Hudson Valley, within a short drive of popular hiking, biking, shopping, dining, and cultural attractions. Main Street Rosendale itself offers many popular restaurants, bars, cafes, and boutiques, along with the celebrated Rosendale Theatre, just one block away. The Wallkill Valley Rail Trail/Empire State Trail is just up the hill, providing a 750-mile recreational trail network that runs south to New York City, north to the Canadian border, and west to Niagara Falls. The Empire State Trail generates significant business for the hotel from bike tours, a source of revenue that is projected to grow tremendously over the coming years. The hotel’s guest rooms all have private bathrooms, are separately metered for electricity, and were previously outfitted with kitchenettes, so residential conversion should also be considered, particularly given the tremendous demand for housing in the area. This offering includes the 1850 House Inn & Tavern business, the 435 Main Street building, and all restaurant and hotel equipment. See floor plans in "associated docs". Owner financing can be considered for qualified buyers. This is a one-of-a-kind opportunity to own the most iconic buildings in Rosendale and to participate in the remarkable evolution unfolding across the mid-Hudson Valley.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: 435 Main Street LLC
Owner Phone: Call LA
Current Price: $1,680,000
Original List Price: 1895000
Sold Price: $1,680,000
Status: Closed
Listing Contract Date: 2023-12-12
Property Sub Type: Business
Location, Tax, and Legal
Township: Rosendale
General Tax: 5913
School Tax: 8043
Tax Annual Amount: 13956
Tax Assessed Value: 450000
Tax Legal Description: 6,4,435 Main
Tax Lot: 6
Tax Block: 4
Zoning: B1
Directions: Main Street in downtown Rosendale. South side of the street (along the Rondout Creek), on the western part of Main Street (toward the trestle). Can't miss it!
General Property Information
Business Name: 1850 house Inn & Tavern
Number Of Units Total: 12
Lot Size Acres: 1.03
Lot Size Dimensions: 1.03 Acres
Sign On Property YN: No
Disclaimer: The listing broker's offer of compensation is made only to participants of the Hudson Valley Catskill Region MLS.
List Price/SqFt: 293.75
Sold Price/SqFt: 260.42
Living Area: 6451
Year Built: 1850
Remarks and Miscellaneous
Public Remarks: Opportunity to own one of the finest boutique hotels in the Hudson Valley, with 12 guest rooms, restaurant, historic tavern, and huge 4,500 square foot deck with beautiful river views. The 1850 House Inn & Tavern is an established hospitality and wedding venue, situated along Main Street in the heart of the charming hamlet of Rosendale. Purpose-built as a hotel circa 1850, the historic brick building is an exact replica of the legendary American Hotel in Sag Harbor. The property features a large 1.03-acre lot with ample parking and nearly 200 feet of direct river frontage along the bucolic Rondout Creek. The hotel enjoys a great location at the geographical center of the Hudson Valley, within a short drive of popular hiking, biking, shopping, dining, and cultural attractions. Main Street Rosendale itself offers many popular restaurants, bars, cafes, and boutiques, along with the celebrated Rosendale Theatre, just one block away. The Wallkill Valley Rail Trail/Empire State Trail is just up the hill, providing a 750-mile recreational trail network that runs south to New York City, north to the Canadian border, and west to Niagara Falls. The Empire State Trail generates significant business for the hotel from bike tours, a source of revenue that is projected to grow tremendously over the coming years. The hotel’s guest rooms all have private bathrooms, are separately metered for electricity, and were previously outfitted with kitchenettes, so residential conversion should also be considered, particularly given the tremendous demand for housing in the area. This offering includes the 1850 House Inn & Tavern business, the 435 Main Street building, and all restaurant and hotel equipment. See floor plans in "associated docs". Owner financing can be considered for qualified buyers. This is a one-of-a-kind opportunity to own the most iconic buildings in Rosendale and to participate in the remarkable evolution unfolding across the mid-Hudson Valley.
Status Change Information
Status Change Timestamp: 2024-06-28
Concessions: No
Buyer Financing: Seller Financing
Major Change Timestamp: 2024-06-28T16:03:43Z
Major Change Type: Status Change
Purchase Contract Date: 2024-05-15
Close Date: 2024-06-27
Close Price: 1680000
Basement
Full: 1
Book Information
Liber/Book: 5614
Page: 334
Section: 62.82
Construction Materials
Brick: 1
Stone: 1
Cooling
Ductless: 1
Flooring
Hardwood: 1
Heating
Ductless: 1
Road Frontage Type
State Road: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Building Features
Includes Deck: 1
Includes Patio: 1
Kitchen Facilities: 1
Laundry Room: 1
Private Restroom(s): 1
Public Restroom(s): 1
Window Display: 1
Business Type
Bar/Tavern/Lounge: 1
Sale Includes
Building: 1
Equipment: 1
Showing Information
Showing Instructions: Call Listing Broker
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: OFF STREET,Parking Spaces 20+, Age: 100-200
Location Tax and Legal
Street Number: 435
Street Name: Main
Street Suffix: Street
County: Ulster
State: NY
Zip Code: 12472
Town (Taxable): Rosendale
Property Features
Basement: Full
Building Features: Private Restroom(s); Includes Deck; Includes Patio; Kitchen Facilities; Laundry Room; Public Restroom(s)
Business Type: Bar/Tavern/Lounge
Construction Materials: Brick; Stone
Cooling: Ductless
Flooring: Hardwood
Heating: Ductless
Road Frontage Type: State Road
Sewer: Public Sewer
Showing Considerations: Occupied
Sale Includes: Building; Equipment
Listing Courtesy of New Paltz Properties
Listing Agent: Matthew Eyler