181 Glenerie Boulevard Lake Katrine, NY $ 1,100,000
181 Glenerie Boulevard
$ 1,100,000
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181 Glenerie Boulevard

Lake Katrine, NY, 12449
$ 1,100,000
Bedrooms-- Baths7.0 Sq 4,544

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Lake Katrine, NY

for $1,100,000 with 7 full baths. This 4,544 square foot building was built in 1970 on a lot size of 0.55.

Excellent investment opportunity in the heart of Saugerties! 181 Glenerie Blvd features a well-maintained 7-unit apartment building offering a desirable mix of one-, two-, and three-bedroom apartments. Each unit provides comfortable layouts and strong rental demand in a convenient location between Kingston and Saugerties. There is a two-family home at the front of the property, where each tenant pays their own utilities (a newer wall-mounted boiler) and separate electricity. Then there is a cottage behind the building, and then a 4-unit strip of apartments, the cottage and strip, the owner supplies the heat and hot water (from a new wall-mounted propane boiler), tenants pay their own electricity. Tenants appreciate the convenience of off-street parking and easy access to major routes, shopping, dining, and local employers. With stable income and room for future value growth, this property is ideal for investors seeking steady returns in the thriving Hudson Valley rental market.

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Commercial Active

Price

$ 1,100,000

Full Bath

7

Property Type

Commercial

Taxes

$ 9,967

Style

Lot Size

0.55

Year Built

1970

Town/City

Lake Katrine

County/Region

Ulster

MLS | Web ID

20255011

Features
General
Sewer Septic Tank
Heating Hot Water Propane
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Sewer Not Available Water Connected Propane
Roof Asphalt Metal
Appliances Refrigerator Range
Zoning 32
Year Built 1970
Electric 200+ Amp Service
Tenant Pays All Utilities Electricity See Remarks
Stories Count 1
Township Ulster
Property Subtype Other
Current Use Multi-Family
Gross Income 113100
Business Type Rental Other
County Ulster
Net Operating Income 78006
Operating Expense 31700
Insurance Expense 4018
Property Type Commercial Sale
MaintenanceExpense 3291
Status Active
City Lake Katrine
High School District Saugerties Central Schools
MLS Area Ulster-Town Of
Lot Size Units Acres
Lot Size Square Feet 23958
Year Built Details Front building has a newer roof newer wall mounted boilers/hot water apartment strip and cottage has new boiler/hot water.
Land Lease Y/N false
Tax Annual Amount 9967
Electric Expense 4452
Trash Expense 3772
MLS Area Minor Ulster-Town Of
Rent Control Y/N false
Structure Type Cabin Multi Family
Standard Status Active
Tax Assessed Value 159500
Tax Lot 15
Total Actual Rent 113100
Taxes 9966
Cap Rate 8
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Interior
Flooring Carpet Luxury Vinyl Vinyl Wood
Total Stories 1
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Total Baths 7
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Exterior
Lot Features Level
Water Source Public
Total Parking 10
Lot Size Area 0.55
Foundation Details Slab See Remarks
Building Area Total 4544
Lot Dimensions irregular
Lot Size Acres 0.55
Road Surface Type Paved
Waterfront Y/N false
Pool Charge 0
Road Frontage Type County Road
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* Excluded Features
List By
Gregory Berardi

Listing Agent

Berardi Realty

Broker

gregberardiwmr@gmail.com

Email

Affordability Calculator

$7,603
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$831
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/13/2026$1,100,000 Listed Price

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181 Glenerie Boulevard, Lake Katrine, NY, 12449 is a Commercial Property for sale at $1,100,000 with 4,544 sqft and a lot size of 0.55. 181 Glenerie Boulevard has 7.0 baths and was built in 1970. The property's zip code is 12449 which is in Lake Katrine, NY