Opportunity awaits with this solid brick two-family property ideally located at 55 Partition Street in the center of the vibrant Village of Saugerties. Whether you're an investor looking to add value, an owner-occupant seeking rental income, or a contractor searching for your next project, this fully vacant property offers the flexibility to renovate and lease on your own timeline.
Each apartment features 2 bedrooms and 1 full bath, providing a practical and highly desirable layout. Both units have recently been vacated, making it easy to complete improvements without the challenges of existing tenants.
The second-floor apartment has renovation work already underway, offering a head start for the next owner to complete the project. The first-floor apartment is ready for updating and cosmetic refreshing, presenting an excellent opportunity to increase rental value and build equity.
The property is separately metered for electricity, with individual electric meters for each apartment plus a dedicated landlord meter for common areas. A single oil-fired boiler services both units, with previous tenants sharing the heating bill. Natural gas is on the street if you have a heating conversion in mind.
While there is currently no off-street parking, the property includes a modest rear yard that may offer the potential to create parking, subject to municipal approvals and buyer verification.
Located just steps from Saugerties' popular restaurants, boutiques, galleries, parks, and community events, this property enjoys the convenience and appeal of one of the Hudson Valley's most desirable village settings. With strong rental demand and endless potential for modernization, 55 Partition Street is a rare chance to transform a well-located income property into a rewarding investment.
Bring your vision and unlock the possibilities this Village of Saugerties duplex has to offer.
Active
$399,900
55 Partition Street, Saugerties, NY 12477
4beds
--baths
2,088sqft
Duplex
Built in 1890
-- sqft lot
$393,800 Zestimate®
$192/sqft
$-- HOA
What's special
Modest rear yardSolid brick two-family property
- 16 days
- 618
- 19
Zillow last checked:
Listing updated:
Listed by:
Rand Commercial 845-338-5252,
Philip F Kelly 845-338-5252
Source: HVCRMLS,MLS#: 20264815
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Heating
- Hot Water, Oil, Steam
Cooling
- Ceiling Fan(s)
Appliances
- Included: Refrigerator, Electric Range
- Laundry: None
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Dirt Floor
Interior area
- Total structure area: 2,088
- Total interior livable area: 2,088 sqft
- Finished area above ground: 2,088
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Has view: Yes
- View description: City
Lot
- Size: 3,484 Square Feet
- Features: Back Yard, City Lot, Level
Details
- Parcel number: 18.247215
- Zoning: 05
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Membrane
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Saugerties
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $384,000
- Annual tax amount: $8,016
- Date on market: 8/20/2026
- Tenant pays: Electricity, Oil
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$393,800
$374,000 - $413,000
$2,325/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $399,900-11.1%$192/sqft |
Source: | ||
| 8/18/2026 | Listing removed | $449,900$215/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $449,900$215/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $352,000 +3.1% |
| 2024 | -- | $341,500 +14% |
| 2023 | -- | $299,500 +20% |
| 2022 | -- | $249,500 +18.2% |
| 2021 | -- | $211,000 +11.1% |
| 2020 | -- | $190,000 |
| 2019 | -- | $190,000 +3.3% |
| 2018 | -- | $184,000 +1.9% |
| 2017 | $6,447 | $180,500 |
| 2016 | -- | $180,500 |
| 2015 | -- | $180,500 |
| 2014 | -- | $180,500 -4% |
| 2013 | -- | $188,000 -6.7% |
| 2011 | -- | $201,500 -2.9% |
| 2010 | -- | $207,600 +12.9% |
| 2009 | -- | $183,900 |
| 2008 | -- | $183,900 |
| 2007 | -- | $183,900 |
| 2006 | -- | $183,900 |
| 2005 | -- | $183,900 +124.5% |
| 2004 | -- | $81,900 |
| 2003 | -- | $81,900 |
| 2002 | -- | $81,900 |
| 2001 | -- | $81,900 |
| 2000 | -- | $81,900 |
Find assessor info on the county website





