www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27979336
27979337

1196 NY-82, Hopewell Junction, NY 12533

SC
NY NY 10351219168
Four Seasons Sotheby’s International Realty
Listed by Four Seasons Sotheby’s International Realty
$4,499,000
229 days on market
Updated 9 days ago

Phillips Farm

Details
Property Type Land
Sub Type Agricultural
Lease Expiration 10/31/2025
Broker Co-Op Yes
Acreage 190.000
Zoning Res, Agr
Parking Spaces 12 spaces
Ownership Private

Land | 190 acres

Marketing description

PHILLIPS FARM, 1196 ROUTE 82, HOPEWELL JUNCTION, DUTCHESS COUNTY

DESCRIPTION

Historic Gem of a Family Farm is situated within the urban neighborhoods of Hopewell Junction, just two miles off of the Taconic Parkway. This unique offering with rolling hills surround this family farm has been owned by the same family for generations. The central hilltop peak elevation in the middle of property offers full panorama views of the nearby Dutchess Hills, Catskills, Shawngunks, and Berkshires. Next door is the Beekman Golf Club.

The classic pre-revolutionary War period original Farm House with a larger addition from the Civil War era with timber ceilings, three fireplaces, 6 bedrooms and several living rooms.

The large sprawling 7,000+SF barn area has two three tier barns, three grain silos, one barn has a mechanical freight elevator, and rambling connecting corridors of side barns with stalls and storage for stalls for 40 cows and a dozen horses.

Just 2 miles to the Taconic Parkway and 10 miles to the NYC train.

Investment highlights

All buyers must provide financial qualifications prior to showing.

There are three leases which encumber the property that will need to be negotiated prior to purchase. The main farmhouse and barns will remain with life use of the Grandmother plus six months. The tenant house and barns will remain under lease for a year subsequent to the sale of the farm. There is a 24 acre area presently built out as a utility solar project. This area will remain under the control of the present owners by renewable lease with a possibility of buyout of the solar project.

Buyer Agent is responsible for confirming all measurements, dimensions, sizes, quantities, amounts, taxes, assessment, zoning permitted, etc.

Houses will be sold broom clean. Any furniture or furnishings will be included by separate agreement to be negotiated. No equipment or tools in the barns will be included.

Agricultural Exemption applies to farm lands benefits the general property tax.

DISCLAIMERS

Buyer Agent responsible for confirming all measurements, dimensions, sizes, quantities, amounts, taxes, assessment, zoning permitted, etc.

This listing broker has the right to offer BAC.

Listing Contacts

SC
NY NY 10351219168
Four Seasons Sotheby’s International Realty
Listed by Four Seasons Sotheby’s International Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Sherret Chase
License
NY 10351219168
Brokerage
Four Seasons Sotheby's Int'l Realty
Title
Assoc. RE Broker
Brokerage Address
31 Mill Hill Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591