Atelier's Wendy Maitland Sells Historic Stone Barns Farm In Hudson Valley For $14M
68 Naylor Road, Staatsburg, New York 12580, United States
$14,000,000
$437/SF
Building Size
32,000 SF
Asset Type
Mixed-use
Closing
Nov 3, 2022
AI
The mixed-use property located at 68 Naylor Road in Hudson Valley has been sold for $14,000,000. The sale was handled by broker Wendy Maitland from Atelier. The property spans over 32,000 square feet, resulting in a price per square foot of $438. This historic destination, known as Stone Barns Farm, sits on a lovingly restored 236-acre lot and features eight unique structures that date back as far as 1759. The property offers a variety of amenities, including a biodynamic farm, a commercial kitchen, a yoga barn, a private spa, a swimming lake, hiking trails, and more. It is conveniently located only 90 minutes from Manhattan and a five-minute drive to Rhinebeck, an area known for its art, music, boutiques, historical sites, and a wide selection of top-rated restaurants and provisions.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $14,000,000
- Address: 68 Naylor Road, Hudson Valley
- Market: Hudson Valley
- Square Footage: 32,000
- Price Per Square Foot: $438
Stone Barns Farm's sale was facilitated by Wendy Maitland from Atelier. This deal provided an exclusive opportunity to acquire a unique property with a rich history and an abundance of amenities. The sale price reflects the property's desirability and its convenient location, which offers a perfect blend of natural beauty and accessibility to city amenities. The transaction was conducted off-market, further emphasizing the exceptional nature of this property.
Players
Staatsburg Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93