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MULTI_FAMILY - 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...
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 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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