451 Washington Avenue Extension | Saugerties

$1,200,000

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. OneKeyMLS 844923

Directions to property: Partition Street to right onto Main to left ontoWashington.

MLS Listing ID: 
OneKeyMLS 844923
Community Information
School District: 
Other
Building Details
Details about the building on a property.
Year Built: 
1960
Basement: 
Crawl Space,Full,See Remarks
Construction
Construction Materials: 
Brick,Frame,Stone
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Other,Propane
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Area): 
95,832
Waterfront: 
0
Public Record
Parcel Number: 
4889-018.001-0003-057.200-0000
Annual Tax: 
$14,926.30
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/4/2025
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Gregory C. Berardi
Listing Office Name: 
Berardi Realty