2478 New York Route 145 East Durham, NY 12423
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,904 sqft
Price per Sqft $568
MLS Listing ID 20266339
Year Built 1980
Annual Tax Amount $10,719
Tax Year 10719
Lot Size 2.100 Acres
Acres 2.1
Property Sub-Type Mixed Use
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Discover an extraordinary opportunity in East Durham, affectionately known as the Emerald Isle of the Catskills, just 10 minutes from Windham Mountain and the thriving Windham resort community; skiing, golf, hiking, festivals, wedding venues, and year-round recreational destinations.
From a Catskills wedding venue and live entertainment destination to an expanded food, beverage, and special-events operation, Five Furlongs offers the infrastructure, location, and setting to bring an ambitious vision to life with multi million earning power potential.
Prominently situated at the four corners, along the waterfront of Thorpe Creek, Five Furlongs offers a combination of established hospitality, entertainment, and special-event potential in one of Greene County's most recognized tourism destinations with approx. 4000 passengers per day, (NYS DOT). The property currently benefits with two liquor licenses and a New York State gaming license associated with off-track betting operations, subject to applicable regulatory approvals and transferability requirements.
A standout feature is the impressive 90' x 30' Amish-built pavilion, complete with a permanent performance stage--an exceptional setting for weddings, receptions, live music, festivals, private celebrations, corporate gatherings, and outdoor entertainment. A picturesque waterfall adds natural character and an unforgettable backdrop for special events.
Located within reach of Windham, Hunter Mountain, year-round outdoor recreation, and the greater Hudson Valley, this is an opportunity to capitalize on the Catskills' established tourism and hospitality market.
FIVE FURLONGS -- WHERE CATSKILLS HOSPITALITY, ENTERTAINMENT & OPPORTUNITY CONVERGE.
Location
State NY
County Greene
Area East Durham
Zoning Com 1-484-1
Rooms
Basement Exterior Entry, Finished, Full, Storage Space, Walk-Out Access
Interior
Heating Electric, Heat Pump, Propane, Wall Furnace
Cooling Other
Flooring Tile, Vinyl, Wood
Exterior
Exterior Feature Courtyard, Covered Courtyard, Fire Pit, Lighting, Outdoor Grill, Outdoor Kitchen, Paved Walkway, Permeable Paving
Fence Back Yard, Fenced, Gate, Wood
Utilities Available Cable Available, Cable Connected, Electricity Connected, Phone Connected
Waterfront Description Creek
Roof Type Elastomeric,Metal,Rubber
Building
Lot Description Back Yard, Cleared, Corner Lot, Few Trees, Front Yard, Near Golf Course, Paved, Rock Outcropping, Sloped Down, Views, Waterfall, Wetlands
Story 2
Foundation Brick/Mortar, Combination, Stone
Sewer Engineered Septic, Mound Septic, Septic Tank
Water Well
Schools
High Schools Cairo-Durham Central School District
School District Cairo-Durham Central School District
Others
Tax ID 35.03-1-49
Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, Owner Will Carry
Listing Terms 1031 Exchange, Cash, Contract, Conventional, Owner Will Carry
GET MORE INFORMATION
Real Estate Office License ID: 10491213504
+1(518) 589-9000 | info@huntermountainrealty.com