422 York St Saugerties, NY 12477
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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