540 New York 42 , Shandaken, NY 12480(Ulster County)

Historic Turnkey Hospitality Investment. Major price drop to $1,999,000. Projected cap rate over 15%. 7,863 SF on 1 acre with 7 renovated guest rooms and 5 additional rooms ready for expansion. Restaurant & bar generate $1,500 $2,000/day, 4 days/week. Urgent: Available only until year-end property will be taken off market and integrated into owner s new resort project. Updated mechanicals, chef s kitchen, active full-service liquor license. Opportunity for immediate cash flow and future growth in the Catskills. Owner financing possible for qualified. Experience the best of Catskills living at the Mountain Brook Inn, a beautifully restored historic home in Shandaken, NY. Originally built in 1805 and extensively renovated for 2025, this remarkable residence offers nearly 8,000 square feet of living space on a picturesque 1-acre lot along the tranquil Bushnellsville Creek. The home spans three levels, featuring seven spacious bedrooms on the second floor and five additional rooms on the third floor that are ready for renovation, providing abundant space for family, guests, or flexible use as home offices or studios. Recent renovations have masterfully blended the home s original rustic charm with modern comforts, including new bathrooms, wide board flooring, pine ceilings, and updated lighting throughout. The gourmet commercial chef s kitchen is outfitted with all new appliances, a pizza oven, and custom cabinetry-perfect for entertaining or culinary adventures at home. Multiple living and gathering spaces, including a large attached barn, offer endless possibilities for recreation, storage, or creative projects. Currently utilized as a bar and hotel, this property could easily become your own private retreat or a turnkey bed and breakfast. Modern upgrades include a new on-demand hot water system, artesian well, and a state-of-the-art septic system designed and installed by the DEP, as well as updated heating systems for year-round comfort. Nearly every room enjoys beautiful views of the creek, woods, and mountains, with easy access to outdoor living and entertaining spaces. Steeped in history, this home has served as a stagecoach station, country store, and tavern, with every detail-from handcrafted furnishings to meticulously preserved architecture-reflecting its rich Catskills heritage. Located in the heart of the NY City Watershed protected area, this property offers privacy and tranquility, while being just minutes from world-class skiing, hiking, and year-round outdoor recreation. The charming hamlets of Shandaken and Phoenicia are nearby, providing shopping, dining, and a welcoming community atmosphere.