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538 N Harpersfield Rd
1,568 SF Specialty Building Offered at $615,000 at a 7.59% Cap Rate in Jefferson, NY 12093
Investment Highlights
- Successful Wedding Venue
- Beautiful setting with mountain views and large pond
- Residence on the property as well as updated event barn
Executive Summary
Property Facts Under Contract
| Price | $615,000 | Property Type | Specialty |
| Price Per SF | $392 | Lot Size | 30.60 AC |
| Sale Type | Investment or Owner User | Building Size | 1,568 SF |
| Cap Rate | 7.59% | No. Stories | 2 |
| Sale Conditions | Business Value Included | Year Built | 1900 |
| Price | $615,000 |
| Price Per SF | $392 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.59% |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Lot Size | 30.60 AC |
| Building Size | 1,568 SF |
| No. Stories | 2 |
| Year Built | 1900 |
About 538 N Harpersfield Rd , Jefferson, NY 12093
Situated in Jefferson, NY, this 30-acre former horse farm offers significant income potential as a wedding venue in the Catskills. Currently an established business with 2024 weddings booked, the property includes a two-bedroom farmhouse, 3,300 sq ft indoor event space, and multiple outbuildings and outdoor spaces.. The charming 1900 farmhouse features a traditional first-floor layout with a renovated kitchen, dining room, living room with cozy woodstove, pantry, and enclosed porch. The second floor has two bedrooms that are set up as suites for the wedding couple plus an updated bath with soaking tub and walk-in shower. The property’s main attractions are its parklike grounds and multiple structures offering mountain views and an easy flow for events. There’s a “welcome area” with stone paths around a rose garden; renovated event space with tall ceilings and an elevated patio; a lounge area with bar, pond, fire pit; ceremony meadows; bathroom trailer; and miles of trails through the woods and meadows. There's also a two-story barn with tons of potential that’s currently being used for storage. Located on a county-maintained road, the property has high-speed internet and a large parking area. The sale includes the business name, logo, assets, and furnishings for a turnkey business. Just outside the village of Jefferson, with several great places to go out for a drink or a meal, and within 35 minutes of other popular Catskill towns, the property is 2 hours and 45 minutes from the GW Bridge in NYC.
PROPERTY TAXES
| Parcel Number | 433600-167-000-0002-005-000-0000 | Improvements Assessment | $77,925 |
| Land Assessment | $39,600 | Total Assessment | $117,525 |
PROPERTY TAXES
Presented by
Upstate Curious Team
538 N Harpersfield Rd
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