411 Canisteo St

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