Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    166 Ulster Ave Saugerties, NY 12477-1219
    Back to Search
    Property profile & analytics

    166 Ulster Ave, Saugerties, NY 12477-1219

    View on Map
    • Automotive properties
    • 8,960 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US63-1852754
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,465,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sawyer Chrysler Dodge Plymouth / Car Dealership
    • Sawyer Motors / Car Dealership
    • Sawyer Motors- RAM / Car Dealership
    • Sawyer Motors - Chrysler / Car Dealership / Auto Repair Shop

    Property Details for 166 Ulster Ave

    Year built
    1930
    Lot size
    2.00 lot acres
    Zone code
    06 - INDUSTRIAL
    Property type
    Automotive properties
    APN
    514801 18.53-1-9
    APU
    514801185319

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,548,000
      Market price range: $717k - $1.55M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,685,000
      Current use
      RESTAURANT
      $1,750,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,385,000
      Change: -18% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saugerties
    County
    Ulster
    State
    New York
    Longitude
    -73.9607
    Latitude
    42.0817
    CBSA code
    28740
    CBSA name
    KINGSTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $87,500
    $1,353,500
    $1,441,000
    -
    $87,500
    $1,353,500
    $1,441,000

    Comparable in this City

    • Value Estimation by Request
      1,999 SF

      60 Peoples Rd

      VEHICLE SALES, RENTALS
      60 Peoples Rd, Saugerties, NY 12477-5009
      View Details
    • Value Estimation
      $730,000
      8,990 SF

      2296 Rte 9w

      VEHICLE SALES, RENTALS
      2296 Rte 9w, Saugerties, NY 12477-4702
      View Details
    • Value Estimation by Request
      2,010 SF

      347 Harry Wls Rd

      VEHICLE SALES, RENTALS
      347 Harry Wls Rd, Saugerties, NY 12477-3863
      View Details
    • Value Estimation by Request
      2,294 SF

      2830 Rte 9w

      VEHICLE SALES, RENTALS
      2830 Rte 9w, Saugerties, NY 12477-5204
      View Details
    • Value Estimation by Request
      2,296 SF

      3113 Rte 9w

      VEHICLE SALES, RENTALS
      3113 Rte 9w, Saugerties, NY 12477-5224
      View Details
    • Value Estimation
      $820,000
      5,077 SF

      1679 Rte 212

      VEHICLE SALES, RENTALS
      1679 Rte 212, Saugerties, NY 12477-3036
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,827 SF

      Saugerties Village Mixed-Use Opportunity

      Historic brick building with retail storefront and income-producing apartments.
      92 Partition St, Saugerties, NY 12477
      View Details
    • Contact for pricing

      Banquet/Restaurant with High-End Kitchen

      Established banquet and restaurant property with professional kitchen equipment.
      963 Kings Hwy, Saugerties, NY 12477
      View Details
    • $1,595,000

      Creative Compound with Studio, Kitchen

      Two buildings with studio, chef's kitchen, and event space.
      1776 Route 212, Saugerties, NY 12477
      View Details
    • Contact for pricing
      7,219 SF

      Saugerties Mixed-Use Income Opportunity

      Two buildings in the heart of Saugerties, multiple income streams.
      211 Main St, Saugerties, NY 12477
      View Details
    • Contact for pricing
      7,219 SF

      Saugerties Mixed-Use Income Opportunity

      Two buildings in the heart of Saugerties, multiple income streams.
      211 Main St, Saugerties, NY 12477
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Saugerties Corner Restaurant Opportunity

      Turn-key restaurant/bar with full liquor license in Saugerties.
      216 Main St, Saugerties, NY 12477
      View Details
    • $1,125 /Mo
      Pending

      Route 9W Commercial Space

      High-visibility commercial space available for lease on Route 9W.
      3139 Route 9W, Saugerties, NY 12477
      View Details
    • Contact for pricing

      Downtown Saugerties Retail Space Available

      Retail spaces in the heart of Saugerties Village.
      80 Partition St, Saugerties, NY 12477
      View Details
    • $1,125 /Mo

      Saugerties Commercial Space on Route 9W

      High-visibility commercial space available for lease on Route 9W.
      3139 Route 9W, Saugerties, NY 12477
      View Details
    • Contact for pricing
      28,630 SF

      Retail Space on Route 212

      28,630 SF retail space with high visibility.
      330 Route 212, Saugerties, NY 12477
      View Details
    • Contact for pricing
      2,400 SF

      Saugerties Office Space For Rent

      Office space for rent near NYS Thruway Exit 20.
      2908 Ny-32, Saugerties, NY 12477
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    166 Ulster Ave
    Saugerties, NY 12477-1219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    166 Ulster Ave, Saugerties, NY, 12477
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!