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$1,200,000

Est. payment - /mo

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2.2 Acres Lot

Pending

451 Washington Avenue EXT Saugerties, NY 12477

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 844923

Rental Info No

Year Built 1960

Annual Tax Amount $14,926

Lot Size 2.200 Acres

Acres 2.2

Property Sub-Type Business

Source onekey2

Property Description

The hotel property is just off the Village and surrounded by Horse Show property (HITS), and other Village activities. The Hotel is less than a half mile from the Village, boasting lots of shops, restaurants, theaters, and the waterfront. The 27-unit building, with a 1-bedroom manager's apartment, has 28 total units. The 10,000+ square foot building is divided into four suites, each featuring its own full kitchen, dining area, living room, and 6-7 bedrooms, all with their own full bathrooms. This property can lend itself to a hotel, Inn, Senior Residence, or SRO rentals, and the current occupied tenant uses Emergency Housing. The building has been updated with all new HVAC (heat and AC), high-efficiency propane units, and many other improvements. The building is currently leased to a Master Tenant paying 10,000 a month NNN. Please see the attached information in the associated documents for County Records, CO, and Floor Plans. The property is located approximately 1/2 mile from the Saugerties Village center. It is surrounded by, or close to, Horse Show properties, Cantine Sports Complex, an indoor Ice Arena, Mini-golf, Go-Karts, and a Skate Park. Excellent location for Airbnb, hotel, or straight rentals. The building is fully furnished, along with a comprehensive laundry facility featuring over five coin-operated washers and dryers. List agent is part owner.

Location

State NY

County Ulster County

Rooms

Basement Crawl Space, Full, See Remarks

Interior

Heating Forced Air, Other, Propane

Cooling Central Air

Flooring Carpet, Ceramic Tile, Vinyl

Fireplace No

Exterior

Utilities Available See Remarks

Building

Lot Description Landscaped, Level

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Stone

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Berardi Realty • Gregory C. Berardi

NEARBY SCHOOL & BUSINESS

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Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY 10314, United States