669-671 Broadway 9w Route, Esopus, NY

$1,600,000

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4,802

Square feet

About 669-671 Broadway 9w Route

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.

Features of 669-671 Broadway 9w Route

MLS® # 853514
Price $1,600,000
Bathrooms 0.00
Square Footage 4,802
Acres 0.00
Year Built 1940
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 669-671 Broadway 9w Route
City Esopus
County Ulster County
State NY
Zip Code 12429

Additional Information

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Amenities

Utilities See Remarks
Parking Driveway, Other, Parking Lot
View Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool No

Interior

Interior Hardwood, Laminate
Appliances Dishwasher, Dryer, Other, Oven, Washer
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Lot Description Back Yard, Front Yard
Construction Brick, Vinyl Siding

Additional Information

Short Sale No
RE / Bank Owned No
Taxes (total) $17,861

Listing Details

OfficeBerardi Realty

Listing Map

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