169 Ulster Avenue
Saugerties, NY, 12477 $ 9,900,000
Bedrooms-- Baths7.0 Sq 71,058 Monthly Estimate*
$ 68,377
for $9,900,000 with 7 full baths. This 71,058 square foot building was built in 1940 on a lot size of 7.1.
This is a rare opportunity to own one of the Hudson Valley's most distinctive properties, a remarkable fusion of history, architecture, hospitality, and creative enterprise. Saugerties Performing Arts Factory (SPAF) is a turn-key, 70,000-square-foot destination set on seven expansive acres in the heart of the Hudson Valley. Dating to the early 1900s, the property has evolved into an extraordinary venue and creative compound, offering an exceptional combination of scale, character, versatility, and established identity. At the center of the property is an approximately 14,000-square-foot wedding and events venue, complete with full bridal and groom suites and generous private patio areas. Approximately 56,000 square feet of additional industrial and creative space includes oversized office and a remarkable 7,200-square-foot lower-level living space, providing an uncommon range of possibilities for hospitality, production, arts, entertainment, commercial, or owner-operator use. Rich in character and designed for reinvention, SPAF offers a compelling platform for an owner with vision. Its established history as a performing arts destination provides a foundation upon which to build, whether through expanded programming and events, hospitality, private functions, creative production, or entirely new concepts. Set within the vibrant Saugerties community and surrounded by the Hudson Valley's renowned arts, culinary, tourism, and hospitality culture, SPAF enjoys both a compelling sense of place and convenient access to the region's major destination and population centers. For an investor, owner-operator, hospitality entrepreneur, arts organization, or creative enterprise, SPAF represents something increasingly rare: a property of substantial scale with an existing identity, remarkable flexibility, and the ability to become something entirely its own. More than a property, SPAF is a destination with rich history and a canvas of F.L. Russell's notebook factory, used by generation's and ready to turn the page for it's next chapter.
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FeaturesGeneralZoning 06
Year Built 1940
Township Saugerties
Property Subtype Industrial
Accessibility Accessible Approach with Ramp
Business Name SPAF
County Ulster
Property Type Commercial Sale
Status Active
City Saugerties
High School District Saugerties Central Schools
Zoning Description Property zoned I-1
MLS Area Saugerties-Vlg
Lot Size Units Acres
Lot Size Square Feet 309276
Elementary School Other
Land Lease Y/N false
Tax Annual Amount 31578
MLS Area Minor Saugerties-Vlg
Standard Status Active
Tax Assessed Value 862000
Tax Lot 1.100
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InteriorBasement Finished
Basement (Y/N) true
Total Baths 7
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ExteriorLot Size Area 7.1
Building Area Total 71058
Lot Size Acres 7.1
Waterfront Y/N false
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* Excluded FeaturesList ByNadina TruiniListing Agent
Win Morrison Realty-KBroker
Affordability Calculator
- Monthly Principal & Interest
- $68,377
- Monthly Property Taxes
- $2,632
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Saugerties, NY
Average List Price $2,467,587
Percent of Sale Price 75%
About Saugerties, NY 19,565 Population
-1% Since 2002
$ 60,355 Median Income
45.96 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2026 | $9,900,000 | | Listed Price |