487 Old Route 23, Acra, NY 12405 (MLS# 20204533)
$1,960,000
Acra, NY 12405
MLS# 20204533
Status: Closed
35672 sqft
1 / 34
Property Description
Investors Delight! This Resort/Inn has been a Hudson Valley favorite since 1948. A vacation destination for weddings, family reunions or simply a weekend retreat nestled in scenic New York State. Consisting of 3 buildings with 51 rooms, some adjoining for large parties. Each guest room is equipped with AC, cable, phone and WiFi on site. This hotel property has the capacity to entertain over 250 guests in the dining room. Separate dance floor and stage for entertainment. Fully equipped, oversized commercial kitchen with a separate dessert area to support the largest of kitchen personnel. Stunning bar/lounge with full liquor license. Onsite Coffee shop equipped with a grill with 2 side burners, coffee makers, convection oven for lunch and more! Owner/staff quarters located above the Main building boasts 5 Bedrm/2 Bath. Relax outside by the Firepit and enjoy captivating views of the Catskill Mountains. Pavilion with outdoor picnic area. Currently operated as a summer resort, but can easily become a year round destination vacation resort! Enjoy multiple amenities including tennis, indoor/outdoor heated pool, jacuzzi, sauna, playground, basketball, volleyball, game room, fitness center and more! Don't miss this spectacular opportunity to own the best value resort in the Catskills!
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Fede Family Trust
Owner Phone: 8009332272
Current Price: $1,960,000
Original List Price: 2950000
Sold Price: $1,960,000
Status: Closed
Listing Contract Date: 2020-10-17
Property Sub Type: Business
Location, Tax, and Legal
School District: Other
General Tax: 13048
School Tax: 17186
Tax Assessed Value: 731700
Tax Legal Description: 23,6,487 Old Route 23
Tax Lot: 23
Tax Block: 6
Zoning: 01
Directions: Take I-87 N take to exit 21 toward NY-23/Catskill/Cairo. Turn left onto MAin St. Turn right onto the ramp to Cairo/Greenville. Merge onto NY-23 W. Keep left to stay on NY-23 W. Turn right onto Hearts Content Rd. Turn left onto Co Rd 20 to Resort.
General Property Information
Number Of Units Total: 51
Lot Size Acres: 16.5
Lot Size Dimensions: 16.50
Sign On Property YN: No
List Price/SqFt: 70.08
Sold Price/SqFt: 54.95
Living Area: 35672
Year Built: 1948
Remarks and Miscellaneous
Public Remarks: Investors Delight! This Resort/Inn has been a Hudson Valley favorite since 1948. A vacation destination for weddings, family reunions or simply a weekend retreat nestled in scenic New York State. Consisting of 3 buildings with 51 rooms, some adjoining for large parties. Each guest room is equipped with AC, cable, phone and WiFi on site. This hotel property has the capacity to entertain over 250 guests in the dining room. Separate dance floor and stage for entertainment. Fully equipped, oversized commercial kitchen with a separate dessert area to support the largest of kitchen personnel. Stunning bar/lounge with full liquor license. Onsite Coffee shop equipped with a grill with 2 side burners, coffee makers, convection oven for lunch and more! Owner/staff quarters located above the Main building boasts 5 Bedrm/2 Bath. Relax outside by the Firepit and enjoy captivating views of the Catskill Mountains. Pavilion with outdoor picnic area. Currently operated as a summer resort, but can easily become a year round destination vacation resort! Enjoy multiple amenities including tennis, indoor/outdoor heated pool, jacuzzi, sauna, playground, basketball, volleyball, game room, fitness center and more! Don't miss this spectacular opportunity to own the best value resort in the Catskills!
Status Change Information
Status Change Timestamp: 2021-06-03
Buyer Financing: Cash
Concessions Amount: 0
Major Change Timestamp: 2021-06-04T00:19:49Z
Major Change Type: Status Change
Purchase Contract Date: 2021-04-07
Close Date: 2021-06-03
Close Price: 1960000
Appliances
Water Heater: 1
Other: 1
Book Information
Liber/Book: 746
Page: 261
Section: 82.04
Construction Materials
Frame: 1
Cooling
Ductless: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Concrete: 1
Foundation Details
Slab: 1
Heating
Ductless: 1
Heat Pump: 1
Propane: 1
Listing Terms
Cash: 1
Lot Features
Landscaped: 1
Private: 1
Other Structures
Cabana: 1
Other: 1
Road Frontage Type
State Road: 1
Security Features
Fire Alarm: 1
Security System: 1
Smoke Detector(s): 1
Sewer
Other: 1
Documents Available
Survey: 1
Location
Rural: 1
Building Features
Includes Deck: 1
Includes Patio: 1
Public Restroom(s): 1
Skylight(s): 1
Storage: 1
Business Type
Bar/Tavern/Lounge: 1
Hotel/Motel: 1
Liquor Store: 1
Residential: 1
Resort: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Sale Includes
Building: 1
Equipment: 1
Inventory: 1
Supplies: 1
Showing Information
Showing Instructions: Call LA for Appt.
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: LOT-PAVED, Age: 61-100, Water Source: Dug Well
Location Tax and Legal
Street Number: 487
Street Name: Old Route 23
County: Greene
State: NY
Zip Code: 12405
Town (Taxable): Greene
Property Features
Appliances: Water Heater; Other
Building Features: Includes Deck; Includes Patio; Public Restroom(s); Skylight(s); Storage
Business Type: Bar/Tavern/Lounge; Hotel/Motel; Liquor Store; Residential; Resort
Construction Materials: Frame
Cooling: Ductless
Documents Available: Survey
Flooring: Carpet; Ceramic Tile; Concrete
Foundation Details: Slab
Heating: Ductless; Heat Pump; Propane
Listing Terms: Cash
Location: Rural
Lot Features: Landscaped; Private
Other Structures: Cabana; Other
Road Frontage Type: State Road
Security Features: Fire Alarm; Security System; Smoke Detector(s)
Sewer: Other
Showing Requirements: Appointment Only; Call Listing Agent
Sale Includes: Building; Equipment; Inventory; Supplies
Listing Courtesy of unknownoffice
Listing Agent: unknownagent unknownagent