177 Old Route 17, Monticello, NY 12701

$1,600,000
16,259
SqFt
Sold Price
$1,600,000
Days on Market
215
Closing Date
Mar 09, 2022
MLS#
H6135289
Status
CLOSED
Property Type
Multi Family
Year Built
1940
Property Tax
$13,166
Neighborhood
Thompson
School District
Monticello
High School
Call Listing Agent
Jr. High
Call Listing Agent
Elementary School
George L Cooke School

Property Description

Summer cottages in the Catskills what could be a better investment? Bring your creativity, passion and TLC to one of the original Borscht Belt bungalow colonies. This special property is spread over 17+ level grassy acres surrounded by woods. There is an existing pool and kiddie pool and plenty of room for playing ball, playground, entertainment and gardens. The undeveloped part of this property, approximately 10 acres, was used as a ball field with sports courts. With 29 buildings and 54+ units this space could easily be re-imagined as an artist colony, retreat, short-term rental business or a family compound. Unbelievable potential! Located in Town of Thompson, near shopping, dining and services, and only moments from the Rt 17 exit, this property is in a perfect location and is under 2 hours from the GW Bridge. Resorts World Casino, Kartrite Water Park, Bethel Woods Center for the Arts, lakes, hiking, fishing, and more are a short drive from here. The Sullivan County Catskills has been known for its tourism opportunities, do not let this one pass you by!

Additional Information

Square Footage
16,259
Acres
17.44
Parking
Driveway, Parking Lot
Heating
Electric, Baseboard
Cooling
None
Water
Well
Sewer
Septic Tank

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carol Malek (Carol@MalekProperties.com) from Listing Office: Malek Properties.

Selling Office: Malek Properties.

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