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Property profile

398 Main St Rosendale, NY 12472

FOR SALE
Investment properties
Property ID
US63-2734406
8,595 SF 0.51 ac lot Built 1960
Entity Owned ~ Est. High Equity
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398 Main St, Rosendale, NY 12472
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Property summary

AI-generated overview

This unique 1896 neo-Gothic style property in Rosendale, NY, presents a compelling investment opportunity. Comprising two buildings on approximately half an acre, this mixed-use property boasts a rich history. Originally the Rosendale Reformed Church until 1971, it later served as a Volunteer Firemen's Association building before its transformation into a thriving glass art studio and residential complex. A significant renovation in 2012 reconfigured a 60' x 40' space into a versatile event venue, currently operating as a supplemental income stream. The venue features soaring ceilings, original fir flooring, a stunning front window, a preserved original corner pulpit, and a 1950s curved wet bar, creating a captivating atmosphere ideal for various events. The property also includes three income-generating apartments, providing a consistent rental income stream. Its prime location on Main Street offers excellent visibility and accessibility, situated adjacent to municipal parking and the Willow Kiln Park/Joppenbergh Mountain. The Empire State Trail's proximity further enhances its appeal. This town-approved event venue, combined with the art studio and residential rentals, presents a multifaceted income-generating property with significant potential for future growth and development in the vibrant Hudson Valley town of Rosendale, nestled between New Paltz and Kingston. The property's historical charm, combined with its modern functionality, makes it a truly exceptional investment opportunity.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 8,595 SF
Lot 0.51 ac (22,216 SF)
Zoning code B-1
APN 514600 62.82-5-15
UPID US63-2734406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service
  • Marketing & Advertising Advertising Agency

Location

398 Main St Rosendale, NY 12472
Rosendale metro Census 952700 KINGSTON, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$840k
Blend (final) Blend
$335k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.3M
1969
Price N/A

Zoning & alternative use

B-1 · Rosendale, NY
Zoning description

B-1 and B-2 Districts, two acres. Application of regulations. Individual uses and structures in the Light Industrial (I-1) District shall comply with the use regulations of § 75-8 , the bulk regulations of §§ 75-11 throu…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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