334 New York 32a
Palenville, NY, 12463 $ 4,600,000
Bedrooms-- Baths50.0 Sq 40,000 Monthly Estimate*
$ 28,698
for $4,600,000 with 50 full baths. This 40,000 square foot building was built in 1986 on a lot size of 4.47.
Just two hours from New York City and approximately three hours from Boston, this Catskills hospitality asset sits at the gateway to one of the Northeast's most desirable outdoor destinations. Positioned on a main highway with strong visibility and access, the property is minutes from Hunter Mountain Ski Resort, the iconic Kaaterskill swimming holes and waterfalls, and within easy reach of Woodstock and Hudson. The property comprises approximately 45 guest rooms across a central lodge, moter lodge annex, a main house, cabins, and a bunk house, offering a diversified lodging mix suited for groups, families, retreats, and year-round tourism. A central courtyard, outdoor gathering areas, and an in-ground pool create a natural social hub that enhances guest experience and on-site dwell time. A full 80-seat restaurant and pub style lounge with indoor and outdoor seating anchors the property as a destination in its own right and represents a major revenue driver. In a market with limited dining options, the restaurant and bar offer significant opportunity to capture both overnight guests and local traffic, creating a built-in food, beverage, and social component that strengthens overall performance and guest retention. The property is further distinguished by an Adirondack Trailways bus stop, providing direct mainline access from New York City and appealing to car-free travelers, skiers, hikers, and weekenders. With nearly 2,000 miles of hiking trails throughout the Catskills and four-season demand driven by skiing, waterfalls, culture, and mountain scenery, the region continues to outperform as a tourism market. Additional upside exists through camp or glamping-style expansion opportunities, allowing an owner to increase capacity while leaning into the area's outdoor-focused demand. With its prime highway location, established infrastructure, diversified accommodations, and multiple revenue channels - including lodging, food and beverage, events, and expansion - this offering presents a rare value-add opportunity to elevate a Catskills hospitality asset and unlock its full potential.
See more
FeaturesGeneralSewer Septic Tank
Heating Ductless Fireplace(s)
Cooling Ductless
Utilities Cable Connected Electricity Connected Phone Connected Propane
Possession Close Of Escrow
Roof Asphalt Mixed
Appliances Wine Cooler Water Heater Washer/Dryer Stacked Washer/Dryer Washer Refrigerator Range Hood Range Propane Cooktop Oven Microwave Ice Maker Gas Range Gas Oven Gas Cooktop Freezer Exhaust Fan Dryer Dishw
Zoning 03 GC - .25
Security Features Carbon Monoxide Detector(s) Fire Alarm Fire Escape Security System Owned Smoke Detector(s)
Year Built 1986
Electric Circuit Breakers
Township Catskill
Property Subtype Hotel-Motel
Current Use Commercial Recreational
Business Type Bar/Tavern/Lounge Bed & Breakfast Commercial Food & Beverage Hospitality Hotel/Motel Mixed Recreation Residential Resort Restaurant Travel
County Greene
Property Type Commercial Sale
Building Features Private Restroom(s) Cable TV High Speed Internet Includes Patio Kitchen Facilities Public Restroom(s) Signs Owned Storage Doors Over 10 Ft
Other Structures Barn(s) Guest House Outbuilding
Status Active
City Palenville
High School District Catskill School District
MLS Area Catskill
Lot Size Units Acres
Lot Size Square Feet 194713.2
Carport Y/N N
Year Built Details Between 1969 and 1986
Land Lease Y/N N
Tax Annual Amount 54595.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Catskill
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Cabin Hotel/Motel
Standard Status Active
Tax Assessed Value 605700
Tax Lot 1
Senior Community None
New Construction None
See more
InteriorBasement Full
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 50
See more
ExteriorExterior Amenities Awning(s) Barbecue Basketball Court Courtyard Fire Pit Garden Lighting Outdoor Grill Private Yard
Lot Features Back Yard Few Trees Front Yard Level Meadow Near Golf Course
Water Source Well
Lot Size Area 4.47
Building Area Total 40000.0
Lot Size Acres 4.47
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type State Road
See more
* Excluded FeaturesList Byjason@dugorealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $28,698
- Monthly Property Taxes
- $4,550
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Palenville, NY
Average List Price $3,247,500
Percent of Sale Price 29%
About Palenville, NY 1,510 Population
-10% Since 2002
$ 59,829 Median Income
47.5 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
2616081 Elementary School
2615968 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/20/2025 | $4,600,000 | | Listed Price |