AMSTERDAM, N.Y. (AP) — A former upstate armory turned into a bed-and-breakfast by a New York City couple has been sold after being on the market for several years.
The couple bought the decommissioned state armory in Amsterdam in 2005 and spent hundreds of thousands of dollars turning the turreted 1890s structure into a residence and B&B they dubbed Amsterdam Castle.
They originally listed the 36,000-square-foot former National Guard armory for $2.5 million before the economy tanked, then reduced the price to $1.5 million a few years ago. The Daily Gazette of Schenectady reports (http://bit.ly/12UUD2J ) that the property sold late last month for $825,000.
The former owners say the new owners plan to conduct more renovations and re-open as a B&B.
The property overlooks the Mohawk River 30 miles west of Albany.
Information from: The Daily Gazette, http://www.dailygazette.com/