Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1690 State Route 213 Ulster Park, NY 12487

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $679,000

    Two buildings on 0.93 acres suitable for commercial or industrial use.

    Property size:
    7,675 SF

    Property Features for 1690 State Route 213

    General Information

    Size
    7,675 SF

    We can help!

    Listing Contact
    Nate Kanney
    Nate Kanney
    Source: Svn

    Listing Agent: Nate Kanney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Ulster Park Commercial Property

    Located in Ulster Park, NY, this property features two freestanding structures on a 0.93-acre parcel, offering a combined 7,200 square feet of space suitable for various commercial or light industrial uses. The primary building is a 4,800 SF structure suited for storage, light manufacturing, or flexible operations. It features high ceilings, large open bays, and durable construction. The second building is a 2,785 SF structure that presents a value-add opportunity for renovation into office space, warehouse storage, or additional flex use. The property is centrally located within Ulster County, 7 miles south of Kingston and 6 miles north of Rosendale, with access to residential and cultural hubs. New Paltz is 12 miles to the southeast. State Route 213 provides access to Ulster County communities, and the New York State Thruway (I-87) is within a 15-minute drive, providing access to the Capital Region and New York City. The property offers a foundation for businesses seeking a location in Ulster County with room to grow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Auto Repair Shop Gym & Fitness HVAC Service Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ulster Park
    County
    Ulster
    State
    New York
    Longitude
    -74.03752
    Latitude
    41.841584

    Nearby Similar for Sale

    • $2,495,000
      5,177 SF

      Ulster Park Multi-Unit Estate

      Renovated multi-unit property near Kingston, New Paltz, and Rosendale.
      103 Carney Rd, Ulster Park, NY 12487
      View Details
    • $990,000
      14,821 SF

      Ulster Park Commercial Event Venue

      6.6-acre commercial property with 16,000 sq ft event facility.
      423 Broadway, Ulster Park, NY 12487
      View Details
    • $2,495,000
      4,277 SF

      Ulster Park Multi-Family Investment

      Income-generating multi-unit property in Ulster Park, NY.
      103 Carney Rd, Ulster Park, NY 12487
      View Details
    • $199,000
      0.54 Acres

      Versatile Commercial Property in Ulster Park

      Adaptable commercial space with parking and roadside exposure in Ulster Park.
      211 S Main St, Ulster Park, NY 12428
      View Details
    • $499,000

      Mixed-Use Property with Development Potential

      Mixed-use property with live-work and development potential in Ulster Park.
      737 Broadway Rte, Ulster Park, NY 12487
      View Details
    • $679,000
      7,675 SF

      Versatile Ulster Park Commercial Property

      Two buildings on 0.93 acres, ideal for commercial/industrial uses.
      1690 Ny-213, Ulster Park, NY
      View Details
    • $199,000

      Main Street Commercial Building

      Commercial building with parking, suitable for various business ventures.
      211 S Main St, Ulster Park, NY 12428
      View Details
    • $499,000
      6,132 SF

      Mixed-Use Property with Development Potential

      Mixed-use property with live-work and development potential in Ulster Park.
      737 Broadway Aka 9W, Ulster Park, NY 12487
      View Details
    • $499,000
      6,132 SF

      Mixed-Use Property with Development Potential

      Mixed-use property in Ulster Park with live-work and development potential.
      737 Broadway Aka 9W, Ulster Park, NY 12487
      View Details
    • $1,300,000
      5,696 SF

      Hudson Valley Winery Estate

      Historic Winery, 8 Acres, Turnkey Opportunity
      740 Broadway, Ulster Park, NY 12487
      View Details
    • $2,800,000
      8,800 SF

      Hudson Valley Multi-Unit Estate

      Luxury Retreat, Income Potential
      103 Carney Rd, Ulster Park, NY 12487
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two buildings on 0.93 acres suitable for commercial or industrial use.
    Where is this warehouse located?
    The property is located at 1690 State Route 213 Ulster Park, NY.
    What is the asking price?
    The asking price for this property is $679,000.
    What are key features of this property?
    This property features: - Two freestanding buildings totaling 7,200 SF on .93 acres suitable for commercial or light industrial use.; - Prime location in Ulster Park, central to Ulster County, with easy access to Kingston, Rosendale, and New Paltz.; - Main **4,800 SF building is move-in ready with high ceilings and large open bays.**
    (845) 430-8314
    Request Owner's contact information
    1690 State Route 213 Ulster Park, NY 12487
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1690 State Route 213
    Ulster Park, NY 12487
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1690 State Route 213 Ulster Park, NY 12487
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nate Kanney
    Nate Kanney
    (845) 430-8314
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.