Mixed-Use Commercial Property with
For Sale
$1,495,000
167 Hill Road, Kingston, NY 12401
19.6-acre mixed-use property with recreational attractions and mountain views.
Property Size4,280 SF
Lot Size19.60 Acres
Days on Market148
Property Features for 167 Hill Road
General Information
Standard status
Active
Size
4,280 SF
Lot size
19.60 Acres
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$11,578
Building Details
Building Size
4,280 SF
Year Built
1984
Listing Agency:
Howard Hanna Rand Realty
Listed By:
Rodney Batista
Source:
Gristmillrealestate
Added: May 14
Changed: Sep 27
Last Checked: Oct 7 at 6:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Rand Realty
Investment Insights
Based on property information with market context.
This 19.6-acre mixed-use commercial property offers year-round income potential and mountain views. The property features two buildings and multiple established recreational attractions. The Sawkill Family Ski Center, once a local tourism destination, is located on the property. While inactive for several years, it supported seasonal and year-round activities including skiing, snowboarding, snow tubing, water slides, miniature golf, go-karts, and concession sales. The mixed-use zoning allows for both residential and commercial uses, offering flexibility for future expansion, redevelopment, hospitality ventures, entertainment operations, or residential components. The property is less than 10 minutes from the Thruway and Rhinecliff Bridge, presenting a chance to acquire a destination-style asset with upside potential in all seasons.
Key Highlights
- 19.6‑acre mixed‑use commercial property with year‑round income potential
- Breathtaking mountain views and a scenic setting**
- Multiple established recreational attractions** (skiing, water slides, go‑karts, etc.)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,261
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,220
$905.2K
Cap Rate 7%
$646,586
$646.6K
Cap Rate 9%
$502,900
$502.9K
Market Conditions
NOI Build-Up for 4,280 SF
Gross rent
$77.0K $18.00/SF
− Vacancy
−$4.6K −$1.08/SF
EGI
$72.4K $16.92/SF
− OpEx
−$27.2K −$6.34/SF
NOI
$45.3K $10.58/SF
Area
Ulster County, NY
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,220
Cap Rate 7%
$646,586
Cap Rate 9%
$502,900
Alternative Uses
Best Use
Mixed Use
$646.6K
$565.8K – $754.4K
NOI $45,261 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$40.03M
$35.02M – $46.70M
NOI $2,801,788 @ 7.0% cap · market cap 187.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Explore this area
Business Placement
Demographics for 12401, NY
35,493
Population
16,914
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
58.9 sq mi
ZIP Area
603
Density / Sq Mi
$67,426
Median Household Income
$42,503
Median Earnings
$1,300
Median Rent
$285,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 19.6-acre mixed-use property with recreational attractions and mountain views.
Where is this mixed-use property located?
The property is located at 167 Hill Road Kingston, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 19.6‑acre mixed‑use commercial property with year‑round income potential; Breathtaking mountain views and a scenic setting**; Multiple established recreational attractions** (skiing, water slides, go‑karts, etc.)
