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669-671 Broadway Rt 9W Esopus, NY 12429

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For Sale
$1,600,000

10-unit motel and 2-family home on 1.2 acres.

Property size:
4,802 SF
Lot size:
1.20 Acres

Property Features for 669-671 Broadway Rt 9W

General Information

Standard status
Active
Size
4,802 SF
Lot size
1.20 Acres

Building Details

Year built
1940

Source: BERARDI REALTY Agent GREGORY BERARDI

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


Overview

Mirror Lake Hospitality Investment Opportunity

Located on the banks of Mirror Lake, this 1.2-acre hospitality-zoned property presents an investment opportunity, situated 5 minutes from Downtown Kingston's waterfront and 90 miles from NYC. The property, formerly the Lake Motel, includes a 10-unit motel and a renovated 2-family home, suitable for short- or long-term rentals. The motel building features 10 studio units with kitchenettes, 8 of which have been renovated with modern finishes, including subway tile baths and updated flooring. The remaining 2 units are occupied by long-term tenants. Each unit has separate 100-amp electric service, and an 11-meter electrical panel allows for future utility separation. Additional amenities include wall-mounted heating and cooling units, a complete water treatment system, and well/septic infrastructure. A laundry room with 2 washers and 2 dryers is available. The 2-family home, originally the motel office and owner's quarters, has been converted into two rental units. The first-floor unit is a 2+ bedroom with new natural gas forced air heat and electric hot water. The second-floor unit is a 1-bedroom apartment with electric heat and hot water. Each tenant pays their own utilities. With 200 feet of private lake frontage, this property is suited for hospitality use, offering boating, fishing, and winter activities. The private lake has no public access. This investment offers a strong income-generating opportunity in the Hudson Valley.
Location Intelligence

Current Use by Public Records

Motels

Map

City
Esopus
County
Ulster
State
New York
Longitude
-73.9658
Latitude
41.8279

FAQs

What type of property is this?
Motel - 10-unit motel and 2-family home on 1.2 acres.
Where is this motel located?
The property is located at 669-671 Broadway Rt 9W Esopus, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Prime lakefront location on Mirror Lake with **200 feet of private frontage**.; - Strong income potential as a **10-unit motel and 2-family home**, great for rentals.; - Eight motel units are renovated with modern finishes.
More about this property
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