1950-1958 Ulster Avenue, Lake Katrine, NY 12449 (MLS# 20261785)
$399,000
Lake Katrine, NY 12449
MLS# 20261785
4 beds | 1874 sqft

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Property Description
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.
Details
Documents
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: LANGE
Occupant Name: *** NEW LISTING ***
Lease Considered YN: No
Current Price: $399,000
Original List Price: 399000
List Price: $399,000
Status: Active
Listing Contract Date: 2026-04-22
Property Sub Type: Multi Family
Location, Tax, and Legal
911 Address: 1958 U.S. 9W
Township: Ulster
School District: Kingston Consolidated
General Tax: 4400
School Tax: 7418
Tax Annual Amount: 11818
Assessors Full Market Value: 517317
Tax Assessed Value: 206000
Parcel Number: 39.16-1-25
Tax Lot: 26
Tax Block: 16
Tax Exemptions YN: No
Zoning: 35
Directions: 9w North towards Saugerties, across from Angelas pizza
General Property Information
Number Of Units Total: 3
Above Grade Finished Area: 3268
Below Grade Finished Area: 0
Lot Size Acres: 0.95
New Construction YN: No
Sign On Property YN: Yes
Disclaimer: buyer's agent to confirm all information
List Price/SqFt: 212.91
Bedrooms Total: 4
Living Area: 1874
Year Built: 1934
Remarks and Miscellaneous
Public Remarks: 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.
Status Change Information
Status Change Timestamp: 2026-04-22
Major Change Timestamp: 2026-04-22T17:17:19Z
Major Change Type: New Listing
Book Information
Liber/Book: 4232
Page: 308
Section: 39
Electric
200+ Amp Service: 1
Entry Information
Entry Location: front
Fencing
Front Yard: 1
Partial: 1
Flooring
Carpet: 1
Combination: 1
Hardwood: 1
Linoleum: 1
Heating
Oil: 1
Levels
Multi/Split: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Lot Features
Back Yard: 1
Front Yard: 1
Parking Features
Off Street: 1
On Street: 1
Patio And Porch Features
Awning(s): 1
Covered: 1
Glass Enclosed: 1
Side Porch: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Town: 1
Road Surface Type
Asphalt: 1
Roof
Asbestos Shingle: 1
Sewer
Public Sewer: 1
Structure Type
House: 1
Mixed Use: 1
Multi Family: 1
Office: 1
Water Source
Public: 1
Owner Pays
Sewer: 1
Taxes: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Oil: 1
Trash Collection: 1
Unit 1 Information
Actual Rent: 1800
Baths Full: 1
Beds Total: 2
Occupied YN: Yes
Other Room(s): 1
Unit Description: apartment over storefront
Unit 2 Information
Leased YN: No
Occupied YN: No
Unit Description: Storefront
Unit 3 Information
Baths Full: 1
Beds Total: 2
Leased YN: No
Occupied YN: No
Dining Room: 1
Kitchen: 1
Living Room: 1
Unit Description: House
Showing Requirements
24 Hour Notice: 1
See Remarks: 1
Showing Information
Showing Attended YN: No
Showing Advance Notice: 24
Location Tax and Legal
Street Number: 1950-1958
Street Name: Ulster
Street Suffix: Avenue
County: Ulster
State: NY
Zip Code: 12449
Town (Taxable): Ulster-Town Of
Property Features
Electric: 200+ Amp Service
Fencing: Front Yard; Partial
Flooring: Carpet; Combination; Hardwood; Linoleum
Heating: Oil
Levels: Multi/Split
Listing Terms: 1031 Exchange; Cash
Lot Features: Back Yard; Front Yard
Owner Pays: Sewer; Taxes; Water
Parking Features: Off Street; On Street
Patio And Porch Features: Awning(s); Covered; Glass Enclosed; Side Porch
Possession: Close Of Escrow
Road Frontage Type: County Road; Town
Road Surface Type: Asphalt
Roof: Asbestos Shingle
Sewer: Public Sewer
Structure Type: House; Mixed Use; Multi Family; Office
Tenant Pays: Cable TV; Electricity; Oil; Trash Collection
Unit 1 Information: Other Room(s)
Unit 3 Information: Dining Room; Kitchen; Living Room
Water Source: Public
Showing Requirements: 24 Hour Notice; See Remarks
Listing Courtesy of Coldwell Banker Village Green
Listing Agent: Nicole Polito

Taxes