High Falls NY Multi Family for Sale
$929,000
2303 Lucas Tpke High Falls, NY 12440
- Type:
- Other
- Sq.Ft.:
- 4,664
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.62 Acres
- Year built:
- 1950
- Baths:
- 4.00
- MLS#:
- 20244292
View additional info
Courtesy: Four Seasons Sotheby's Int'l R
845-684-0084
ADDITIONAL INFORMATION
Investors and entrepreneurs, here's a chance to own a fully renovated, Class A mixed-use building on over half an acre in one of the Hudson Valley's most popular small towns. Located on Lucas Turnpike in High Falls, right across from the High Falls Food Co-op, this 4,664 sq. ft. property includes four leased spaces providing steady income. The building features two ground-floor retail units; a hair salon and a wholesale Internet business plus two apartments upstairs (a three-bedroom and a one-bedroom). With 15 town-approved parking spaces, there's plenty of room for customers and tenants alike. The property offers an 8.5 cap rate and has seen extensive renovations, including new shiplap wood siding, Marvin Elevate windows, a standing seam metal roof, upgraded electrical and plumbing, and separate meters for each unit. Additionally, there's 76 feet of creek frontage along the Rondout Creek, which could be leveraged by future tenants. The location connects High Falls, Stone Ridge, Rosendale, and Marbletown, with over 10,000 cars passing by daily. Contact me for a list of improvements and to arrange a viewing.
- Type:
- Other
- Sq.Ft.:
- 7,305
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.35 Acres
- Year built:
- 1869
- Baths:
- 7.00
- MLS#:
- 20243384
View additional info
Courtesy: Four Seasons Sotheby's Int'l-K
845-331-3100
ADDITIONAL INFORMATION
Rare opportunity to own The Eggs Nest - a fully renovated and turnkey hospitality business on a busy corner location in the bustling hamlet of High Falls, New York! This exceptional property offering includes not only a renowned restaurant but also a beautifully renovated, artistically designed 2-bedroom home with multiple outdoor spaces and parking. Perfect for an owner/operator to live on-site or rent out the residence for additional income. The Eggs Nest is a whimsical, artistic bar and restaurant distinguished for its eclectic, floor-to-ceiling artwork. Spanning nearly 5,000 square feet indoors and an additional 2,200 square feet of outdoor space, the restaurant features a state-of-the-art oversized kitchen, a full basement prep area, a sun-filled private event space, an outdoor dining deck, and a new bluestone patio. The substantial outdoor area is designed to handle overflow business, reflecting the restaurant's high demand. With over 700,000 invested in upgrades and improvements, the venue is a true turnkey operation, complete with most business equipment. Additionally, the four large, renovated rooms on the second floor present an opportunity to expand the business by adding a lodging element. The included residence is an enchanting 2-bedroom home with a refined artistic aesthetic. The home features an open-plan layout on the ground floor, a spectacular loft-style bedroom suite, and a screened-in sitting room on the second floor. The outdoor spaces include multiple decks, a fire pit area, and lush gardens, creating a serene and private retreat in the heart of town. If the new owner chooses not to reside in the home, it would quickly become one of the most sought-after rental units in the region. This unique offering combines a thriving, long-established business with a stunning home, all in one of the Hudson Valley's most desirable locations. Whether you are looking to continue the success of a beloved venue or capitalize on a prime residential opportunity, The Eggs Nest is a compelling choice. Please see video tour for a full sense of the property!
High Falls Real Estate
The median home value in High Falls, NY is $583,000. This is higher than the county median home value of $348,000. The national median home value is $338,100. The average price of homes sold in High Falls, NY is $583,000. Approximately 67.4% of High Falls homes are owned, compared to 16.85% rented, while 15.75% are vacant. High Falls real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a High Falls real estate agent to arrange a tour today!
High Falls, New York has a population of 554. High Falls is more family-centric than the surrounding county with 26.44% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in High Falls, New York is $51,894. The median household income for the surrounding county is $71,040 compared to the national median of $69,021. The median age of people living in High Falls is 49.5 years.
High Falls Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 12.8 degrees. The average rainfall is approximately 47.4 inches per year, with 45.9 inches of snow per year.