Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
Esopus, NY 12429,1398 & 1466 Broadway/rt 9w
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Listed by: Compass Greater New York, LLC

$1,500,000

$1,499,000

0.1%
Est.Price: ?

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Est. payment /mo

31,075 SqFt


SOLD DATE : 02/07/2022

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 31,075 sqft

Price per Sqft $48

MLS Listing ID 20210462

Sold Date 02/07/22

Originating Board Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Year Built 1911

Lot Size 153.000 Acres

Acres 153.0

Lot Dimensions irr

Property Sub-Type Mixed Use

Property Description

Rarely does an opportunity of this magnitude present itself, but here it is; the chance to unlock the potential of a historic Hudson Valley Estate offered at a remarkable price, one built by Gilded Age industry titan Colonel Oliver Hazard Payne.    Colonel Payne was renowned as trusted advisor to John D. Rockeffeller; Civil War Veteran; entrepreneur; famed yachtsman; and especially as a philanthropist. He still holds the distinction of being one of the wealthiest individuals in American history. Payne originally purchased The Esopus Estate from John Jacob Astor.  Construction commenced on the agricultural complex in 1911 but wasn't completed for another seven years due to the demands of the bluestone and slate construction as directed by Julian Burroughs, son of acclaimed author and naturalist John Burroughs. The Black Creek traverses this magical 153 acre pristine property, which holds endless possibilities to be reimagined. One envisions a hotel and/spa retreat; creative complex; conference center; residential complex; a return to its agricultural roots, or any combination thereof.   Multiple buildings grace the property, each with distinctive stunning architectural features. Highlights include an enormous horse stable with clock tower; a bluestone dairy barn that served as a creamery; an impressive silo and the original farmhouse style caretakers cottage.   The buildings have served multiple purposes over the last century, including housing a successful restaurant called “The Creamery," providing shelter for boys under the watchful eye of Eleanor Roosevelt; and recently acting as HQ for BDDW, the niche manufacturer of fine furniture.   The Payne Estate is reportedly listed on the National Register of Historic Places. Historic tax credits may be available to assist in rehabilitating the buildings and property, which will be sold AS IS. The opportunity and value are here, what's your vision? The time has come for this magnificent property to come alive again.

Location

State NY

Area Esopus

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+1(518) 205-9555

jason@dugorealty.com

110 Partition Street, Saugerties, NY, 12477, United States

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