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  • $399,000

    1950-1958 Ulster Avenue, Lake Katrine, NY 12449

    4beds
    --baths
    1,874sqft
    Loading
    Office
    Built in 1934
    0.95 Acres Lot
    $399,500 Zestimate®
    $213/sqft
    $-- HOA

    What's special

    Covered rear deckCharming two-bedroom one-bath cottageDining roomUpdated interiorEnclosed front sunporch
    Exceptional Mixed-Use Investment Opportunity in a Prime Location Don't miss this versatile, income-generating property--ideal for investors, entrepreneurs, or owner-occupants. With excellent visibility and high traffic exposure, this property offers outstanding potential in a highly accessible location just minutes from Kingston and Saugerties. The main building features a bright, light-filled ground-floor commercial space, perfect for an office, boutique, or retail use. Previously home to a long-standing delicatessen and later a successful tattoo studio, this flexible space is ready for your next venture. Above the commercial unit is a spacious and well-maintained two-bedroom apartment, complete with a generous living room, dining room, and additional third-floor space--ideal for a home office, studio, or extra storage. Live upstairs while running your business below, or maintain both units as income-producing rentals. Also included is a charming two-bedroom, one-bath cottage on an adjoining parcel. This cozy home offers an enclosed front sunporch, covered rear deck, updated interior, and a spacious kitchen and dining area. Previously used as a rental, it provides immediate income or the opportunity to create a live-work compound. Additional parking at the cottage adds flexibility and potential for expanded commercial use (with proper permits). This unique property blends residential comfort with commercial opportunity--an ideal setup for a variety of uses. A 3D Walkthrough Tour is available in the digital Lookbook or by request.
    91 days
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    12
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Village Green 845-679-2255,

    Nicole Polito 845-430-2045

    Source: HVCRMLS,MLS#: 20261785MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Heating
      • Oil
      Features
      • Flooring: Carpet, Combination, Hardwood, Linoleum
      Interior area
      • Total structure area: 1,874
      • Total interior livable area: 1,874 sqft
      • Finished area above ground: 3,268
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street, Off Street
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split
      • Entry location: front
      • Patio & porch: Awning(s), Covered, Glass Enclosed, Side Porch
      • Fencing: Front Yard,Partial
      Lot
      • Size: 0.95 Acres
      • Features: Back Yard, Front Yard
      Details
      • Parcel number: 39.16125
      • Zoning: 35

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Office
      Materials
      • Roof: Asbestos Shingle
      Condition
      • New construction: No
      • Year built: 1934

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lake Katrine

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $206,000
      • Annual tax amount: $11,818
      • Date on market: 4/22/2026
      • Listing terms: 1031 Exchange,Cash
      • Tenant pays: Cable TV, Electricity, Oil, Trash Collection
      • Road surface type: Asphalt

        Estimated market value

        $399,500

        $380,000 - $419,000

        $3,654/mo

        Price history

        DateEventPrice
        6/5/2026Contingent$399,000$213/sqft
        Source: HVCRMLS #20261785 Report a problem
        4/22/2026Listed for sale$399,000-6.1%$213/sqft
        Source: HVCRMLS #20261785 Report a problem
        6/25/2025Listing removed$425,000$227/sqft
        Source: HVCRMLS #20252458 Report a problem
        6/24/2025Listed for sale$425,000-4.5%$227/sqft
        Source: HVCRMLS #20252458 Report a problem
        9/2/2024Listing removed$445,000$237/sqft
        Source: HVCRMLS #20240636 Report a problem
        6/20/2024Price change$445,000-10.1%$237/sqft
        Source: HVCRMLS #20240636 Report a problem
        3/17/2024Listed for sale$495,000$264/sqft
        Source: HVCRMLS #20240636 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12449

        Getting around

        34 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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