Ulster, NY 12487

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Lot Size: 2 Acres

Financials

Price:$499,000
Annual Taxes:$15,854
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of eXp Realty

Description

Opportunity opportunity opportunity Opportunity on 9W / Broadway in Ulster Park Rare chance to acquire a below-market, mixed-use property with strong live-work and development potential. What you get A large warehouse space with high ceilings and wide-open footprints, numerous electrical outlets for shop needs + currently prepped for a bathroom installation for the warehouse. An attached 2-bedroom, 1-bath apartment with a wall of windows and a bright, open-concept living/kitchen area that streams natural light. Adjacent/nearby units including a very large 1-bedroom, 1-bath and a 2-bedroom, 1-bath unit (perfect for owner-occupier, rental income, or conversion). There appears to be additional single-family home potential on-site or nearby, depending on zoning. Location, location, location and exposure Prominent 9W / Broadway exposure with strong traffic exposure. Ulster Park area, offering convenient access to amenities and commuting routes between Kingston, Highland and Poughkeepsie Investment and live-work potential ! Excellent for a real estate investor seeking multiple income streams: rent from the warehouse/adjacent units, plus potential for live-work arrangements for artists, creators, or small businesses. Potential for redevelopment or repurposing (subject to local zoning) to maximize returns—think live-work studios, gallery/production space, or convert to a small multi-family asset. --Extremely below-market price for a property with multiple live-work units and high upside potential. --Flexible layout with existing live/working spaces that can start generating income quickly. This property has tremendous value. Please note that the first showing of the property will only be the two vacant spaces: the warehouse and the two bedroom apartment. Further interest will gain access to the remaining units. Thank you for your understanding.

Amenities

  • Cable - Available
  • Cleared
  • Level
  • Other
  • Sewer Connected
  • Water Connected

Opportunity opportunity opportunity Opportunity on 9W Broadway in Ulster Park Rare chance to acquire a below market, mixed use property with strong live work and development potential.

Single story home with a shingled roof, asphalt driveway, and french doors

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.