New Listing - 04/04/2025
451 Washington Avenue Extension, Saugerties, NY, 12477
1960
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.
Status:
Active
Type:
Commercial
Heating:
Forced Air, Other, Propane
Cooling:
Central Air
Basement:
Crawl Space, Full, See Remarks
Acreage:
2.2
Est. Taxes:
$14,926
Assessment
$715,000
Construction
Brick, Frame, Stone
Utilities
See Remarks
Lot Description:
Landscaped, Level
Days on Market:
5
MLS #:
844923
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Berardi Realty Phone: 845-201-1111