28-Unit Hotel
For Sale
Contact for pricing
Pending
451 Washington Ave, Saugerties, NY 12477
Furnished hospitality property with four residential-style suites, updated HVAC, and a manager’s apartment.
Property Size10,000 SF
Days on Market143
Property Features for 451 Washington Ave
General Information
Standard status
Pending
Size
10,000 SF
Property subtype
Hospitality
Additional Details
Furnished
Yes
Gross Income
$900,000
Multifamily Units
28
Amenities
laundry facility
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Berardi Realty
(845) 201-1111
Listed By:
Greg Berardi · License #NY
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:04PM
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 Berardi Realty
Investment Insights
Based on property information with market context.
This furnished hotel property contains 28 total units, including a one-bedroom manager’s apartment, within a 10,000+ square foot building. Four large suites each include a full kitchen, dining area, living room, and six to seven bedrooms with private full bathrooms. The property also has a laundry area equipped with over five coin-operated washers and dryers. Recent improvements include new HVAC systems for heating and air conditioning along with high-efficiency propane units.
The building is approximately 1/2 mile from the Saugerties Village center, with shops, restaurants, theaters, and waterfront amenities nearby. The surrounding area includes Horse Show properties, Cantine Sports Complex, an indoor ice arena, mini-golf, go-karts, and a skate park. The property is currently occupied for emergency housing under a master-tenant NNN lease and has been identified for hotel, inn, senior residence, SRO rental, Airbnb, and conventional rental use.
The building is approximately 1/2 mile from the Saugerties Village center, with shops, restaurants, theaters, and waterfront amenities nearby. The surrounding area includes Horse Show properties, Cantine Sports Complex, an indoor ice arena, mini-golf, go-karts, and a skate park. The property is currently occupied for emergency housing under a master-tenant NNN lease and has been identified for hotel, inn, senior residence, SRO rental, Airbnb, and conventional rental use.
Key Highlights
- 28 total units, including a 1‑bedroom manager's apartment
- 10,000+ square foot building arranged as four self‑contained suites
- Each suite includes a full kitchen, dining area, living room, and 6‑7 bedrooms with full bathrooms
Property Analytics
Current Use
Lease Details
28
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 12477, NY
18,559
Population
9,483
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
66.7 sq mi
ZIP Area
278
Density / Sq Mi
$72,353
Median Household Income
$49,357
Median Earnings
$1,239
Median Rent
$292,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Furnished hospitality property with four residential-style suites, updated HVAC, and a manager’s apartment.
Where is this hotel located?
The property is located at 451 Washington Ave Saugerties, NY.
What are key features of this property?
This property features: 28 total units, including a 1‑bedroom manager's apartment; 10,000+ square foot building arranged as four self‑contained suites; Each suite includes a full kitchen, dining area, living room, and 6‑7 bedrooms with full bathrooms
