Spanning 555± AC, this offering is in the wooded western Catskill Mountains and includes two bluestone quarries where all mineral rights are in the ideal location of the Marcellus Shale. Currently, one of the quarries is leased out to a third party allowing new ownership to inherit the existing lease and future royalty payments, while the other quarry has an active permit ready for mining operations.
From the 46± AC currently permitted, there is an estimate of about eight-million cubic feet of quality saw rock bluestone and 1.8 million tons of broken bluestone, making for an exceptional opportunity for an owner/operator to expand quarry operations. Alternatively, the agricultural zoning provides the potential to convert the land into a golf course, residential developments or potentially renewable energy farms.