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3805 Main St, Stone Ridge, NY 12484 For Sale

MM
NY 10491210905, MA 132350 (+2)
Muroff Hospitality Group
IZ
NY 10491202998
Listed by Muroff Hospitality Group
$8,750,000
127 days on market
Updated 44 days ago

Hasbrouck House Hotel & Butterfields Restaurant

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 13,694
Keys 19
Beds 27
Cap Rate 13.80%
NOI $1,345,500
Pro-Forma Cap Rate 15.38%
Pro-Forma NOI $1,345,500
Price per SqFt $639
Year Built 1789
Year Renovated 2025
Buildings 4
Stories 3
Acreage 3.000
Zoning Zoning is B-1 / R-3. Annual taxes (2026) are approximately $67,099.
Ownership Private

19-Key / 27-Room Hudson Valley Boutique Hotel on ±16 Acres | Rest., Pool & Spa | +22 Acres Available

Marketing description

Hasbrouck House is now offered at $8,750,000 for the hotel and approximately 16 acres, with an additional 22-acre development parcel available separately for $2,000,000.

This structure provides buyers with flexibility to acquire a fully operational boutique hospitality asset at a more accessible basis, while retaining the option to control or partner in the future development of the remaining land.

The hotel operates as a stabilized, multi-revenue hospitality platform, including:

• 19-key boutique hotel (27 guest rooms)

• Full-service restaurant and bar

• Permitted weddings and events (up to 15 annually)

• Corporate retreats and private buyouts

The 22-acre rear parcel offers additional upside and has previously received Planning Board pre-approval for a 6-lot luxury residential subdivision, with substantial engineering and environmental work completed.

Buyers may:

• Acquire the hotel independently

• Acquire both the hotel and development parcel

• Partner with ownership on future development (JV opportunity)

• Allow seller to retain or separately sell the residential parcel

The offering presents a rare opportunity to acquire a turnkey, design-forward boutique hotel in the Hudson Valley, with optional expansion and development potential in one of the region’s most supply-constrained markets.

Investment highlights

• Offered at $8,750,000 for Hotel (±16 Acres) — Boutique hospitality asset with immediate operational scale

• 19 Keys / 27 Guest Rooms Across Four Restored Buildings — Fully renovated historic estate (2016), turnkey condition

• Multiple Revenue Streams — Rooms, full-service restaurant, weddings (15 annually), events, and retreats

• Established Hudson Valley Destination — Less than 2 hours from NYC in a high-demand, supply-constrained market

• Optional 22-Acre Development Parcel ($2,000,000) — Pre-approved 6-lot residential subdivision with completed environmental and engineering work

• Flexible Ownership Structure — Ability to acquire hotel only, purchase entire assemblage, or partner with seller on development (JV opportunity)

Hasbrouck House is a fully restored 1757 Dutch Colonial estate located on approximately 16 acres in Stone Ridge, New York, in the heart of the Mid-Hudson Valley, less than two hours from New York City.

Originally listed on the National Register of Historic Places and comprehensively rebuilt in 2016, the property operates as a 19-key luxury boutique hotel comprising 27 guest rooms across four historic buildings totaling approximately 15,000 square feet:

• Main House (7,500 SF)

• Carriage House (2,400 SF)

• Stable House (2,400 SF)

• Cottage (2,100 SF)

The hotel offers a design-forward guest experience with a mix of suites, lofts, and multi-bedroom accommodations, many with private entrances and kitchenettes. The Cottage may also be reserved as a private residence.

Food & Beverage operations are anchored by Butterfield Restaurant, a 2,800 SF full-service restaurant featuring:

• 60 indoor seats and 80 outdoor seats

• Clubroom and bar

• 500 SF speakeasy lounge

• Outdoor catering kitchen and historic smokehouse

• Property-wide liquor license

The property is a permitted event venue with a Special Use Permit allowing up to 15 weddings annually (up to 150 guests), supported by a 3,750 SF bluestone patio and landscaped grounds.

Additional amenities include:

• Restored 55’ x 27’ pool

• Outdoor sauna and wellness areas

• Expansive lawns and mature trees

• Access to a private lake area

The offering includes the option to acquire an additional 22-acre parcel with prior Planning Board pre-approval for a six-lot residential subdivision, providing future development or monetization potential.

Hasbrouck House is offered in turnkey condition with full FF&E included, representing a rare opportunity to acquire a scaled boutique hospitality asset in one of the Northeast’s most desirable drive-to leisure markets, with flexible ownership and growth pathways.

Listing Contacts

MM
NY 10491210905, MA 132350 (+2)
Muroff Hospitality Group
IZ
NY 10491202998
Listed by Muroff Hospitality Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$1,345,500.00
$112,125.00/mo

Valuation Metrics

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DSCR
15.38%
Cap Rate
15.38%
ROI

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Additional Information

Name
Mitchell B. Muroff
License
10491210905
Name
Itay Sunny Zachi
License
10491202998
Brokerage
Alpha Properties NYC I LLC
Title
Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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