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10559 County Hwy 18 Hwy - Catskills Estate

27,000 SF Speciality Building Offered at £2,154,075 at a 3.55% Net Initial Yield in South Kortright, NY 13842

Investment Highlights

  • Catskills Country Living at its finest
  • Construction of Stone Building and post-and-beam Livestock Barn must be seen to be believed!
  • Original Stone Walls
  • Family-owned for 22+ years; ready for the next buyer to shape the property as needed for their business

Executive Summary

Catskills Estate on the market for the first time in 22+ years: seven buildings, 22.47 acres. Residential and commercial opportunity with White Carriage House, Horse and Livestock Barn, Stone Building, Wood Shop, Farmhouse, Guesthouse and Schoolhouse. Orchard, three paddocks, ponds, knot garden, and property abuts the Catskills Scenic Trail and the West Branch of the Delaware River. Easy year-round access for commercial properties to Hwy 18 (plowed by County) and Hwy 10 (plowed by State.) Think horse farm; manufacturing business; art colony/music studio; event planners; cannabis (indoor growing) - requires a special permit but there's precedent for them being granted locally. Been a private residential family-owned property who ran a nationally known book packaging business. Accordingly, the financials aren't filled in on CoStar site as it will be depending what new owner develops at this property. Contact Exclusive Listing Agent Brian McCafferty at (917) 445-4615 with questions or showing requests; can also email Brian@NowRealEstate.com.

Data Room Click Here to Access

Property Facts

Price £2,154,075
Price Per SF £80
Sale Type Investment or Owner User
Net Initial Yield 3.55%
Sale Conditions Portfolio Sale
Property Type Speciality
Property Subtype
Trailer/Camper Park
  • Specialty Self Storage
  • Specialty Lodge Meeting Hall
  • Specialty Contractor Storage Yard
Building Class B
Lot Size 22.47 AC
Building Size 27,000 SF
Number of Floors 3
Year Built/Renovated 1920/2008

zoning

Zoning Code Residential/Commercial (Zoned for residential and commercial.)
Residential/Commercial (Zoned for residential and commercial.)
  • Listing ID: 32617259

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: 10559 County Hwy 18 Hwy, South Kortright, NY 13842

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