5207 Route 32, Catskill, NY

$3,499,900

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40

Beds

35

Baths

32,000

Square feet

11.60

Acres

About 5207 Route 32

A Great Investment Property with a Bar, Restaurant, & Motel with up to 37 Rental Units on 11.6 Acres! There are 37 total units: 1 bar & restaurant, 31 residential rental units, 1 RV site, 3 garages, & 1 storage shed. The annual rent roll is $366,840 which does not include the commercial bar/restaurant, 2 garages, & 1 shed. There's additional income that comes from the vending machines & the coin-operated laundry. The bar/restaurant is 4,500 sq ft with a 2,500 sq ft apartment on the 2nd floor. The bar is 22 x 26 ft, the dining room is 24 x 45 ft, the commercial kitchen is 24 x 24 ft, along with 3 other dining & game rooms. The bar/restaurant is currently not operating under the pandemic. There are a total of 59 bedrooms, 34.5 baths, an outdoor pool, multiple parking areas, & an outdoor barbecue pavilion. There are 3 driveway entrances, 12 septic tanks, 6 wells, & purchased solar panels. There are lawns, yards, & space on the property to expand or subdivide. It's an Amazing Property!

Features of 5207 Route 32

MLS® # 136162
Price $3,499,900
Bedrooms 40
Bathrooms 35.00
Full Baths 32
Half Baths 3
Square Footage 32,000
Acres 11.60
Year Built 1980
Type Multi-Family
Sub-Type Multi Family
Status Active

Community Information

Address 5207 Route 32
Area Catskill
City Catskill
County Greene
State NY
Zip Code 12414

Additional Information

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Amenities

Utilities Attached to the listing is a breakdown
Parking Multiple Parking Areas

Interior

Heating Base Board, Electric, Hot Air, Hot Water, Propane

Exterior

Exterior Brick, Stone, Vinyl, Wood
Windows Double Hung, Display
Roof Asphalt, Metal, Shingle
Construction Brick, Frame
Foundation Block, Poured Concrete, Slab, Wood

School Information

District Catskill

Additional Information

Zoning 411 - Apartment
Taxes (total) $27,912
General Tax $9,494
School Tax $18,418

Listing Details

OfficeRip Van Winkle Mountain Realty, Inc.

Listing Map

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