972 S Route 9W - Hospitality FOR SALE


Congers, NY 10920
$2,500,000 USD
914-419-5551
972 S Route 9W, Congers, NY for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/22
null | 8.29% Cap Rate

972 S Route 9W
Congers, NY 10920


HIGHLIGHTS

  • 250 SF of frontage on 9W!
  • 12 Minute walk to the Rockefeller Lookout
  • Located between Congress Lake, Swartwout Lake, and Rockland Lake

OVERVIEW

Location! Attention All Investors, Developers, Hotel Owners, Franchise Owners, & End-Users!!! This could be your next development site/next home/your business and offers endless possibilities for additional revenue! This 2-story solid concrete building consists of 20 spacious rooms. New top roof in 2020 and a new boiler was recently installed plus new low-flush bathrooms. Every room features a bed, table, couch, large bathroom, A/C unit and more. There are 15 security cameras on the property! The owner has the advantage of watching everything from office/home. Every room has Wi-Fi and an internet connection. Amazing location, motel is across the Rockland Lake State Park. Close to Palisades highway, Nyack and Helen Hayes hospital, Palisades shopping mall and more... It is ready to be sold! There are endless possibilities for additional revenue here in Congers NY make this your next investment!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$94 USD /SF

# OF ROOMS

20

PRICE/ROOM

$125,000 {currency}

CAP RATE

8.29%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raintree Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

NS

APN/PARCEL ID

392089-044-020-0004-003-000-0000

ASK ABOUT THIS PROPERTY

Moshe GottfriedBlue Sky RealtyMore Info
914-419-5551

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Moshe GottfriedBlue Sky RealtyMore Info
914-419-5551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.