Pending
5 Rock City Road
Woodstock NY
$2,700,000
Pending
Multi-family
Built in 1935
The iconic Woodstock Hotel sits prominently in the heart of the village and has been welcoming guests, residents and shoppers for over 85 years. Apart from the highly visible 6000+ sq ft main building, which houses 8 residential units and 4 storefronts, there's a separate 800 sq ft cottage on the Tannery Brook with one residential unit and one retail space, for a total of 9 units and 5 storefronts. In its current iteration, the property enjoys a transferable permit to operate as a boutique hotel and the fully furnished and equipped lodging units, all with kitchens and full baths, are rented through Airbnb and VRBO. Four of the units are 2-bedroom, four are 1-bedroom and there's one studio apartment. The current owners also secured a permit for one outdoor vending space, a perfect opportunity to increase revenue by renting to a food truck. Of the 5 retail spaces, four are currently occupied and the fifth is being held vacant in anticipation of new ownership. Recent improvements include new sidewalks, paving and striping the 14-space parking lot, and electrical updates. Of greatest significance is the property's consistently high occupancy rate and thousands of five-star reviews. Detailed financials are available to interested and qualified purchasers.
20233536
MLSⓇ ID
December 13, 2023
Listed
May 3, 2024
Updated
Map
5 Rock City Road
Woodstock NY
Interior Features
Appliances
Other
Floor Description
Hardwood, Varies
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Oil, Propane, Steam
Exterior/Building Features
Lot Size
0.32 Acres
Architectual Style
Cottage
Roof
Asphalt, Shingle
Sewer
Public Sewer
School Information
School District
Onteora Central
Other Property Details
Area Name
Woodstock
Taxes
$28,826
Tax Frequency
Annually
Garage
No
Parking
Off Street, Parking Lot, Paved
View
Yes
View Description
Mountain(s)
County
Ulster
Municipality
Woodstock
Water Source
Public
Pool
No
Waterfront
Yes
Buyer Agency Compensation
2.5%
Listed by Theodore Chazkel with BHHS HUDSON VALLEY PROP-NP
Listing Contact: [email protected]
The IDX display contains information sourced from the Hudson Valley Catskill Region MLS as of 5/3/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Hudson Valley Catskill Region MLS all rights reserved.
Data last updated on 5/3/2024 at 8:23 PM UTC