845 Lucas Avenue Extension, Hurley, NY, 12443 | $440,000

Offering exceptional live/work and investment flexibility, this circa 1940 two-story property features multiple studio spaces and two separate paved driveways-one serving the main residence and a second providing dedicated access to the studios at the rear of the property. Ideally located just minutes from Kingston's historic Stockade District, the layout supports privacy, functionality, and independent use of living and work areas.

The residence welcomes you with a living room featuring hardwood floors and classic chair rail detailing, flowing into an open kitchen with island and ample cabinetry, and a formal dining room ideal for entertaining. A full bathroom with shower is conveniently located on the first level. The home also features a wraparound deck, extending the living space outdoors. The second level offers two bedrooms and a spacious bathroom. The primary bedroom includes a walk-in closet and ensuite access to the custom bathroom with a walk-in tiled shower and bench, jacuzzi tub, and double vanity. A large, covered balcony off the primary bedroom overlooks the front of the property, providing a private outdoor retreat. The second bedroom features a smaller balcony facing the rear of the property. Comfort is enhanced by a four-zone central air system with mini-splits located in the living room, dining room, and both bedrooms, providing efficient and customizable climate control throughout the home.

Multiple studio spaces create exceptional live/work and income-producing potential. Of particular interest is the two-story barn, previously operated as a successful ceramics' studio, offering substantial space and infrastructure for creative production. These versatile structures are well suited for artists, writers, makers, musicians, or educators, and lend themselves to uses such as art studios, possible sound or recording space, dance or Pilates studio, private instruction, or flexible professional use. The configuration presents a compelling opportunity for owner-occupants seeking creative space, as well as investors exploring studio rental, workspace leasing, or mixed-use possibilities, subject to buyer due diligence. A lovely pond is visible from the rear of the property near the studios, providing a serene spot for reflection and enjoyment. Please note the pond is for viewing only and is not part of the parcel. Well-located near Uptown Kingston's shops, dining, arts, and cultural amenities, this property offers solid fundamentals, adaptable spaces, and rare creative infrastructure in a highly desirable setting.

GW Bridge- 1hr 30min, NYS Thruway-8 min, Trailways Bus-6 min, Uptown Kington- 6 min, Downtown Kingston-15 min, Saugerties-20 min, Hudson-40 min, Woodstock-20 min, Poughkeepsie Metro-North-35 min. Rhinecliff Amtrak-20 min.

Features

  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Basement
  • Style: Other
  • Year Built: 1940
  • Garage: 2-car Detached
  • Heating: Baseboard, Hot Water, Oil
  • Cooling: Central Air, Ceiling Fan(s)
  • Basement: Unfinished
  • Acreage: 1
  • Est. Taxes: $4,317
  • View: Neighborhood, Pond
  • School District: Kingston
  • Appliances: Built-In Electric Range, Dishwasher, Refrigerator, Washer/Dryer
  • MLS#: 1017482
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/1017482/845lucasavenueextension_hurley_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Living Structures

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NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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845 Lucas Avenue Extension, Hurley, NY, 12443

$440,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $352,000 $352,000 $352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.952%
Monthly Tax Payment $360 $360 $360
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,139 $2,223 $2,923
Total Monthly Payment $2,574 $2,658 $3,358

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.