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$1,600,000

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669-671 Broadway 9W Route Esopus, NY 12429

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Christine DeHart

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

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 853514

Rental Info No

Year Built 1940

Annual Tax Amount $17,861

Property Sub-Type Multi Family

Source onekey2

Property Description

Prime Hospitality Investment Opportunity on Mirror Lake - 10-Unit Motel & 2-Family Home Located on the banks of Mirror Lake, this 1.2-acre hospitality-zoned property offers a unique investment opportunity just 5 minutes from Downtown Kingston's waterfront and 90 miles from NYC. Formerly operating as the Lake Motel, the property consists of two adjacent parcels: a 10-unit motel and a renovated 2-family home, providing excellent potential for short- or long-term rentals. The motel building features 10 studio units with kitchenettes, 8 of which have been completely renovated with modern finishes, including subway tile baths and updated flooring. The remaining 2 units are occupied by long-term tenants. Each unit has separate 100-amp electric service, and an 11-meter electrical panel allows for future utility separation if desired. Additional amenities include wall-mounted heating & cooling units, a complete water treatment system, and well/septic infrastructure. The building also includes a dedicated laundry room with 2 washers and 2 dryers, providing added convenience for tenants or guests. The 2-family home, originally the motel office and owner's quarters, has been converted into two fully renovated rental units. The first-floor unit is a spacious 2+ bedroom with new natural gas forced air heat and electric hot water. The second-floor unit is a bright 1-bedroom apartment with electric heat and hot water. Each tenant pays for their own utilities. With 200 feet of private lake frontage, this property is well-suited for hospitality use, offering boating, fishing, and winter activities such as ice fishing and skating. The private lake has no public access, ensuring a peaceful and exclusive setting. Whether continued as long-term rentals or repositioned as a boutique lakeside motel or Airbnb destination, this versatile investment presents a strong income-generating opportunity in the Hudson Valley.

Location

State NY

County Ulster County

Interior

Heating See Remarks

Cooling Wall/Window Unit(s)

Flooring Hardwood, Laminate

Fireplace No

Appliance Dishwasher, Dryer, Other, Oven, Washer

Exterior

Parking Features Driveway, Other, Parking Lot

Utilities Available See Remarks

Waterfront Description Lake Front

View Lake

Building

Lot Description Back Yard, Front Yard

Sewer Other

Water Private

Structure Type Brick,Vinyl Siding

Others

Special Listing Condition None

Listed by Berardi Realty

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

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