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34017836
34017830

105 Partition Street, Saugerties, NY 12477

Cedar Properties
Listed by Cedar Properties
$1,295,000
1 day on market
Updated 0 days ago

105-107 Partition St

Details
APN 4801-018.263-0003-024.100-0000
Property Type Mixed Use, Office (+2)
Sub Type Executive Office, Residential (+3)
Square Footage 8,559
Net Rentable (SqFt) 3,278
Units 5
Cap Rate 5.48%
NOI $71,000
Occupancy 100%
Year Built 1930
Year Renovated 2022
Buildings 1
Acreage 0.160
Zoning 05
Parking Spaces 4 spaces
Parking Per SqFt 0.47
Ground Lease No
Sale Condition N/A

Cash-flowing 5-unit mixed use property with approved plans to add 7800 soft, and has parking

Marketing description

Prime Saugerties location on Partition St right next to the municipal parking lot. This 5-unit, three-residential / two-commercial, building was previously town approved for a substantial addition of approximately 7800 additional soft spanning three floors and an additional 5 units. The added five units would include a large commercial space (~2600 sqft foot rent) and four residential units varying in sizes. The property currently has several parking spots on it which may be able to be increased by further taking space from the large backyard, if desired. The parking lot on this property is accessed directly from the municipal parking lot and would benefit a future commercial user or support further use by added residential units. Full alteration plans available upon request. This lot is uniquely positioned with plenty of depth to support development. The basement features additional storage space, houses a washer / dryer and the mechanicals. Saugerties is centrally located off route 87 between skiing (Hunter Mountain, Windham) and other amazing surrounding towns such as Rhinebeck, Kingston, and Hudson. Approximately 100 miles from Manhattan and easy to get to.

Investment highlights

Prime Saugerties location on Partition St right next to the municipal parking lot. This 5-unit, three-residential / two-commercial, building was previously town approved for a substantial addition of approximately 7800 additional soft spanning three floors and an additional 5 units. The added five units would include a large commercial space (~2600 sqft foot rent) and four residential units varying in sizes. The property currently has several parking spots on it which may be able to be increased by further taking space from the large backyard, if desired. The parking lot on this property is accessed directly from the municipal parking lot and would benefit a future commercial user or support further use by added residential units. Full alteration plans available upon request. This lot is uniquely positioned with plenty of depth to support development. The basement features additional storage space, houses a washer / dryer and the mechanicals. Saugerties is centrally located off route 87 between skiing (Hunter Mountain, Windham) and other amazing surrounding towns such as Rhinebeck, Kingston, and Hudson. Approximately 100 miles from Manhattan and easy to get to.

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Cedar Properties
Listed by Cedar Properties

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$71,000.00
$5,916.67/mo

Valuation Metrics

0
DSCR
5.48%
Cap Rate
5.48%
ROI

Map

Zoning

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B-1 CommercialCore CommercialCentral Business District
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View all 66 uses
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Last updated Mar 17, 2026 For deeper zoning details, reports are available at Zoneomics

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