5 Rock City Road, Woodstock, NY

$2,700,000

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0.32

Acres

About 5 Rock City Road

The iconic Woodstock Hotel sits prominently in the heart of the village and has been welcoming guests, residents and shoppers for over 85 years. Apart from the highly visible 6000+ sq ft main building, which houses 8 residential units and 4 storefronts, there’s a separate 800 sq ft cottage on the Tannery Brook with one residential unit and one retail space, for a total of 9 units and 5 storefronts. In its current iteration, the property enjoys a transferable permit to operate as a boutique hotel and the fully furnished and equipped lodging units, all with kitchens and full baths, are rented through Airbnb and VRBO. Four of the units are 2-bedroom, four are 1-bedroom and there’s one studio apartment. The current owners also secured a permit for one outdoor vending space, a perfect opportunity to increase revenue by renting to a food truck. Of the 5 retail spaces, four are currently occupied and the fifth is being held vacant in anticipation of new ownership. Recent improvements include new sidewalks, paving and striping the 14-space parking lot, and electrical updates. Of greatest significance is the property’s consistently high occupancy rate and thousands of five-star reviews. Detailed financials are available to interested and qualified purchasers.

Features of 5 Rock City Road

MLS® # 20233536
Price $2,700,000
Bathrooms 0.00
Acres 0.32
Year Built 1935
Type Residential Income
Sub-Type Multi Family
Style Cottage
Status Pending

Community Information

Address 5 Rock City Road
Area Woodstock
City Woodstock
County Ulster
State NY

Additional Information

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Amenities

Parking Off Street, Parking Lot, Paved
View Mountain(s)
Is Waterfront Yes
Waterfront Stream

Interior

Appliances Other
Heating Oil, Propane, Steam
Cooling Window Unit(s)
Fireplace No

Exterior

Exterior Frame, Vinyl Siding
Roof Asphalt, Shingle
Construction Frame, Vinyl Siding

School Information

District Onteora Central

Additional Information

Short Sale No
RE / Bank Owned No
General Tax $11,773
School Tax $17,053

Listing Details

AgentTheodore Chazkel
OfficeBHHS HUDSON VALLEY PROP-NP

Listing Map

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