Stephen J. Perfit of Pyramid’s Hudson Valley Office Sells Swan Lake Hotel for $2.2 million
Date Posted: July 22, 2015
Sullivan County, NY – Swan Lake Hotel, formerly the Stevensville Hotel, one of the last former “Borscht Belt” hotels, located on 37 acres on Briscoe Road in Swan Lake, NY was recently sold for $2.2 million to a religious organization. After undergoing extensive renovations in the late 1990’s, the former Stevensville Resort reopened in 1999 under the re-branded Swan Lake Hotel and Resort name. Unfortunately, with the recession and high fuel costs, the owners closed the facility in 2007 and put it on the market for sale.
The adjacent golf course, club house and multi-zoned 355 acres located in both the Towns of Liberty and Bethel, remain unsold. Of that, 200 acres in Liberty are undeveloped and would easily adapt to a new hotel and residential units.
Representing the owner, the property was sold by Steve Perfit, CCIM, SIOR of Cushman & Wakefield │Pyramid Brokerage Company’s Hudson Valley office.‹ Back to News