669-671 Broadway Rt 9w Active Save Request In-Person Tour Request Virtual Tour
Esopus,NY 12429
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,802 sqft
Price per Sqft $333
MLS Listing ID 20251008
Year Built 1940
Annual Tax Amount $17,861
Tax Year 17861
Lot Size 1.200 Acres
Property Sub-Type Hotel-Motel
Property Description
Prime Hospitality Investment Opportunity on Mirror Lake - 10-Unit Motel & 2-Family Home Located on the banks of Mirror Lake, this 1.2-acre hospitality-zoned property offers a unique investment opportunity just 5 minutes from Downtown Kingston's waterfront and 90 miles from NYC. Formerly operating as the Lake Motel, the property consists of two adjacent parcels: a 10-unit motel and a renovated 2-family home, providing excellent potential for short- or long-term rentals. The motel building features 10 studio units with kitchenettes, 8 of which have been completely renovated with modern finishes, including subway tile baths and updated flooring. The remaining 2 units are occupied by long-term tenants. Each unit has separate 100-amp electric service, and an 11-meter electrical panel allows for future utility separation if desired. Additional amenities include wall-mounted heating & cooling units, a complete water treatment system, and well/septic infrastructure. The building also includes a dedicated laundry room with 2 washers and 2 dryers, providing added convenience for tenants or guests. The 2-family home, originally the motel office and owner's quarters, has been converted into two fully renovated rental units. The first-floor unit is a spacious 2+ bedroom with new natural gas forced air heat and electric hot water. The second-floor unit is a bright 1-bedroom apartment with electric heat and hot water. Each tenant pays for their own utilities. With 200 feet of private lake frontage, this property is well-suited for hospitality use, offering boating, fishing, and winter activities such as ice fishing and skating. The private lake has no public access, ensuring a peaceful and exclusive setting. Whether continued as long-term rentals or repositioned as a boutique lakeside motel or Airbnb destination, this versatile investment presents a strong income-generating opportunity in the Hudson Valley.
Location
State NY
County Ulster
Area Esopus
Zoning R40
Interior
Heating See Remarks
Cooling Wall Unit(s),Wall/Window Unit(s)
Flooring Hardwood,Laminate
Exterior
Exterior Feature Courtyard
Fence Back Yard
Waterfront Description Lake
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard
Sewer Private Sewer
Water Private