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Triplex - Ulster Park, NY
Opportunity opportunity opportunity
Opportunity on 9W / Broadway in Ulster Park
Rare chance to acquire a below-market, mixed-use property with strong live-work and development potential.
What you get
A large warehouse space with high ceilings and wide-open footprints, numerous electrical outlets for shop needs + currently prepped for a bathroom installation for the warehouse.
An attached 2-bedroom, 1-bath apartment with a wall of windows and a bright, open-concept living/kitchen area that streams natural light.
Adjacent/nearby units including a very large 1-bedroom, 1-bath and a 2-bedroom, 1-bath unit (perfect for owner-occupier, rental income, or conversion). There appears to be additional single-family home potential on-site or nearby, depending on zoning.
Location, location, location and exposure
Prominent 9W / Broadway exposure with strong traffic exposure.
Ulster Park area, offering conve...
Ulster Park area, offering convenient access to amenities and commuting routes between Kingston, Highland and Poughkeepsie
Investment and live-work potential !
Excellent for a real estate investor seeking multiple income streams: rent from the warehouse/adjacent units, plus potential for live-work arrangements for artists, creators, or small businesses.
Potential for redevelopment or repurposing (subject to local zoning) to maximize returns—think live-work studios, gallery/production space, or convert to a small multi-family asset.
--Extremely below-market price for a property with multiple live-work units and high upside potential.
--Flexible layout with existing live/working spaces that can start generating income quickly.
This property has tremendous value. Please note that the first showing of the property will only be the two vacant spaces: the warehouse and the two bedroom apartment. Further interest will gain access to the remaining units. Thank you for your understanding.
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