737 Broadway (aka 9W), Ulster Park, NY, 12487
$499,000
Multi Family
For Sale
Details
ML#: 905050
- # of Families: 4
- Year Built: 1955
- Taxes: $15,854
- Status:Active
Description
Opportunity opportunity opportunity Opportunity on 9W / Broadway in Ulster ParkRare chance to acquire a below-market, mixed-use property with strong live-work and development potential.What you getA 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 exposureProminent 9W / Broadway exposure with strong traffic exposure.Ulster Park area, offering convenient access to amenities and commuting routes between Kingston, Highland and PoughkeepsieInvestment 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.
More Property Details
Lot Size: 2
Lot Sq Ft: 87120
Parking Spaces: Yes
Parking Facilities: Parking Lot
Heat: Forced Air, Natural Gas, Other
A/C: Central Air
Water: Public
Sewer: Public Sewer
Taxes: $15,854
Listing Information provided courtesy of
eXp Realty
888-276-0630