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422 York St Saugerties, NY 12477

Sponsored
For Sale
$999,000

Luxury Hudson River view duplex; high rental income potential.

Property size:
6,788 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional Saugerties, NY property, listed at $999,000, offers a unique investment opportunity. The property consists of a stunning castle-style duplex, boasting breathtaking, unobstructed Hudson River views. Each three-story unit features 3-4 bedrooms and 3+ bathrooms, with beautifully finished attics ideal for additional living space or home offices. Each unit also includes a private accessory apartment above a two-car garage, perfect for guests or generating additional rental income. Currently, the duplexes generate a combined annual gross rent of $60,000, with potential for significant upside. There's an opportunity to convert two additional accessory apartments, potentially increasing annual rental income by an estimated $28,800 to $36,000. The property sits on a hill, providing panoramic river views from balconies off the living rooms and primary bedrooms. Located minutes from the charming village of Saugerties, residents enjoy easy access to local shops and dining. The property includes 6,788 square feet across one building, built in 2006. An additional building lot across the street, with similar river views, is also available for purchase separately (MLS: H6328286, 423 York Street). This property presents a rare combination of luxury living, strong rental income, and significant growth potential, making it an ideal investment for discerning buyers. The property is located at 422 York St, Saugerties, NY 12477.

Property Features for 422 York St

General Information

Property type
Multifamily properties
Square Feet
6,788 SF

Building Details

Year Built
2006
Buildings
1
Stories
3
Units
2

HighLights

  • $999,000 asking price for this two‑unit multifamily property in Saugerties, NY.
  • 6,788 square feet, with a price per square foot of $147.17.
  • $60,000 annual net operating income (NOI).
  • Two units, each with a price of $499,500.
  • Built in 2006, this three‑story building offers potential for additional rental income through conversion of existing space.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Law Firm Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness HVAC Service Travel Agency Home Appliance Store

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

Location Insight

  • Map
  • Local Demand
City
Saugerties
County
Ulster
State
New York
Longitude
-73.9331347
Latitude
42.0937874

FAQs

What type of property is this?
Multifamily property - Luxury Hudson River view duplex; high rental income potential.
Where is this multifamily property located?
The property is located at 422 York St Saugerties, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: $999,000 asking price for this two-unit multifamily property in Saugerties, NY.; 6,788 square feet, with a price per square foot of $147.17.; $60,000 annual net operating income (NOI).
More about this property
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