Unification Theological Seminary’s Campus In Dutchess County on Market for Sale
Real Estate In-Depth | July 2018
BARRYTOWN, NY—Marcus & Millichap reported recently it had been selected to exclusively represent the Unification Theological Seminary in the sale of its 260-acre campus, located at 30 Seminary Drive in the hamlet of Barrytown, Town of Red Hook in Dutchess County.
Used as a religious seminary for more than 80 years, this parcel includes a 120,000-square-foot main building, and several ancillary buildings comprising a total of more than 150,000 square feet. The property has a colorful and rich history dating back to the 1700s. In 1929 it was purchased by John D. Rockefeller; the main building was built by him in 1930 for use by the Christian Brothers. In 1974 it was sold to its present owner.
“The distinct nature of this property will command the attention of a specific clientele interested in purchasing this type of asset, including religious institutions, schools, cultural centers, training centers, and health-related facilities” said Jim Evans, a senior real estate broker at Marcus & Millichap, who, along with associate broker Victoria Fisher, is representing the seller.
“The campus of Unification Theological Seminary is an iconic property and we look forward to finding the right buyer with a vision to build on the steep history of this asset,” Fisher added.
The campus, affording Hudson River and Catskill Mountain views, consists of nine buildings. The main structure is an “H” shaped building with three stories on the east side and four stories on the west side. It houses offices, classrooms, guest rooms, dormitories, an infirmary, a two-story gym, a two-story library, a 400-seat auditorium, and a 100-seat lecture hall. The two wings are connected by a center core containing a full commercial kitchen and dining rooms on the first floor and above that is a soaring, light-filled, pastoral chapel.