334 New York 32a Palenville, NY 12463
50 Baths
40,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Active
Purchase Type For Sale
Square Footage 40,000 sqft
Price per Sqft $115
MLS Listing ID 20256117
Year Built 1986
Annual Tax Amount $54,595
Tax Year 54595
Lot Size 4.470 Acres
Acres 4.47
Property Sub-Type Hotel-Motel
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
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.
Location
State NY
County Greene
Area Catskill
Zoning 03 GC - .25
Rooms
Basement Full
Interior
Heating Ductless, Fireplace(s)
Cooling Ductless
Exterior
Exterior Feature Awning(s), Barbecue, Basketball Court, Courtyard, Fire Pit, Garden, Lighting, Outdoor Grill, Private Yard
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Propane
Roof Type Asphalt,Mixed
Building
Lot Description Back Yard, Few Trees, Front Yard, Level, Meadow, Near Golf Course
Story 2
Sewer Septic Tank
Water Well
Schools
High Schools Catskill School District
School District Catskill School District
Others
Tax ID 199.12-5-9