Financial
Distress signals
Property profile

423 Broadway Ulster Park, NY 12487

FOR SALE
Turn key restaurants
Property ID
US63-1976309
14,821 SF 6.6 ac lot Built 1965
Last sale Aug 2021 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
423 Broadway, Ulster Park, NY 12487 For Sale
$850,000 14,821 SF
423 Broadway, Ulster Park, NY 12487
View Listing

Property summary

AI-generated overview

Located in Ulster County on 6.6 acres along Route 9W (Broadway), the property is a dedicated event use facility with a history of hosting weddings, quinceañeras, corporate events, fundraisers, and community gatherings. It includes a 16,000-square-foot main building with a grand ballroom, multiple dining areas, bars, and a fully equipped commercial kitchen, along with a scenic deck and on-site parking for more than 155 vehicles. The campus also includes a 3-bedroom cottage, and the layout and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$700k
Assessed land$125k
Assessed improvement$575k

Value estimate

· Sep 2026
$800k
$720k – $880k
AI approach$935k
Submarket $/SF estimate$1.06M
NOI build-up
Gross scheduled income$267k
Vacancy & credit loss−$11k
Operating expenses−$64k
NOI · 22.55% cap applied$192k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$195/SF
County average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$98 – $337

Cap rate analysis

How does the asset earn?
22.55%
$192k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
JurisdictionULSTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.0
HVAC Service9.3
Wholesale Shop9.1

Location

423 Broadway Ulster Park, NY 12487
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message