2303 Lucas Turnpike High Falls, NY 12440
Marbletown Neighborhood
4
Beds
4
Baths
4,664
Sq Ft
0.62
Acres
About This Home
As of April 2025Investors 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.
Last Agent to Sell the Property
Houlihan Lawrence, Inc. License #10401338825 Listed on: 10/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,670
Year Built
- Built in 1950
Lot Details
- 0.62 Acre Lot
- Waterfront
Interior Spaces
- 4,664 Sq Ft Home
- 2-Story Property
- Walk-Out Basement
Kitchen
- Electric Oven
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Bennett 4-6 Elementary School
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Legal Lot and Block 22 / 2
- Assessor Parcel Number 22.2.2303
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 6, 2018
Sold by
10 Ben Hldg Corp
Bought by
2302 Lucas Tpke Llc
Purchase Details
Closed on
Oct 23, 2015
Sold by
Jgc Properties Llc
Bought by
10 Ben Hldg Corp
Purchase Details
Closed on
Nov 9, 1995
Sold by
Reiss Brenda C
Bought by
Durcan Mary
Similar Home in High Falls, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $160,000 | -- | |
| Deed | $193,921 | -- | |
| Deed | $142,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Sold | $910,000 | -90.2% | $195 / Sq Ft |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $9,290,000 | -- | $1,992 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,670 | $350,100 | $27,000 | $323,100 |
| 2023 | $9,571 | $350,100 | $27,000 | $323,100 |
| 2022 | $5,196 | $350,100 | $27,000 | $323,100 |
| 2021 | $5,196 | $200,000 | $27,000 | $173,000 |
| 2020 | $5,047 | $200,000 | $27,000 | $173,000 |
| 2019 | $5,570 | $200,000 | $27,000 | $173,000 |
| 2018 | $5,130 | $200,000 | $27,000 | $173,000 |
| 2017 | $5,424 | $210,000 | $18,100 | $191,900 |
| 2016 | $9,756 | $210,000 | $18,100 | $191,900 |
| 2015 | -- | $210,000 | $18,100 | $191,900 |
| 2014 | -- | $210,000 | $18,100 | $191,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Stack
Seller's Agent in 2025
Jane Stack
Houlihan Lawrence, Inc.
(917) 270-7800
3 in this area
15 Total Sales
-
Petra Heist
Buyer's Agent in 2025
Petra Heist
Berkshire Hathaway Homeservice
(917) 294-9532
3 in this area
65 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20244292
APN: 3400-070.009-0002-022.000-0000
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