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50 Baths
40,000 sqft

$3,400,000

334 New York 32a, Palenville NY, 12463

Price per sqft$85.00
Built in1986
Property size40,000 sqft
Property typeCommercial

Overview

Active

Listed Dec 20, 2025

Updated 8 days ago

Just two hours from New York City and approximately three hours from Boston, this Catskills hospitality asset sits at the gateway to one of the Northeast's most desirable outdoor destinations. Positioned on a main highway with strong visibility and access, the property is minutes from Hunter Mountain Ski Resort, the iconic Kaaterskill swimming holes and waterfalls, and within easy reach of Woodstock and Hudson. 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.

Additional information

MLS® ID
20256117

Interior Features

Bathrooms
50
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
4.47 Acres

Other Property Details

Taxes
$54,595
Tax Frequency
Annually
MLS provider logo

Listed by Jason Dugo with Dugo Realty
Listing Contact:  

The IDX display contains information sourced from the Hudson Valley Catskill Region MLS as of 9/15/2026. 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.

©2026 Hudson Valley Catskill Region MLS all rights reserved.

Data last updated on 9/15/2026 at 4:59 AM UTC

 

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