- For Sale Contact for pricing
- Property Type Healthcare
- Property Size 216,329 SF
- Lot Size 5 Acre
- Year Built 1968
- Year Renovated 1981
- Date Updated Mar 23, 2026
Description
I am reaching out regarding an off-market acquisition opportunity in Hornell, New York — a 216,329 SF former acute care hospital campus on 3.58 acres, listed at $1,050,000, including full resolution of all outstanding tax liabilities and clean title at closing.
Key facts at a glance:
— 216,329 SF existing hospital-grade structure — steel, concrete, institutional infrastructure
— Federal Opportunity Zone — rural designation, permanent post-2025, 30% basis step-up
— $4.87/SF asking price vs. $95M+ estimated replacement cost
— All 20+ parcels included — expanding campus to approximately 7 acres total
— Ideal conversion to assisted living, memory care, or skilled nursing — Steuben County is 20%+ aged 65+
— Full city and IDA support — tax abatements, USDA grants, NY State HCR financing available
Tax foreclosure deadline: May 27, 2026. Motivated seller. Early engagement strongly encouraged.
The full investment memorandum is attached. I am available for a call, a site tour, or to provide the complete due diligence package at your convenience.
Jevgeni Trosin
Sales Broker · 411 Canisteo Street, Hornell NY
+1 (480) 269-9231
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