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56-58 Vineyard Avenue

$1,195,000

Est. $7,146/mo

Highland, NY 12528 · Ulster County

Status
Active
On site
139 days

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About this home

Rare Mixed-Use Investment Opportunity in the Heart of Highland New York. Discover a unique income-producing property in the center of Highland's vibrant business district. This historic mixed-use complex consists of two attached buildings offering approximately 6,900 square feet of space with a blend of commercial and residential income streams. An exceptional opportunity to own a property with historic character, exposed brick, and a creekside setting. The distinctive atmosphere combined with future upside in the Hudson Valley presents an investment opportunity rarely found in today's market. The property features two well established street-level commercial storefronts, three residential apartments above, and full basements below. Adding to its charm is a separate carriage house/barn situated along the scenic Twaalfskill Creek. All tenants pay their own electric, heat and hot water. The multiple revenue sources provide investors and owner-operators with strong cash-flow, alongside an opportunity to enhance the current revenue streams, and potential to increase the long-term value. The underutilized basement and separate carriage offer exciting possibilities for retail, studio, event, cafe, gallery, or other creative and revenue-generating use. The building and property are well maintained. Recent improvements have included updates to major building systems, new gas hot water boilers-2024, new apt refrigerator – 2025, Refreshed apartment kitchen (new ceiling and new floor), and new roof with access hatch-2026. Priced at a 7-Cap, with a little effort it can be an 8-Cap; and more is possible! Conveniently located just minutes from the Mid-Hudson Bridge, Route 9W, SUNY New Paltz, and the Walkway Over the Hudson. This versatile property offers exceptional potential for investors, entrepreneurs, restaurateurs, and developers seeking a landmark location with multiple income opportunities.

Listed with Houlihan Lawrence Inc. · William R. Pugh · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 2:08 PM ET. ©2026 One Key MLS.

Estimate your monthly payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and private mortgage insurance.

$7,146.26Total / mo

Estimated monthly payment

Principal & interest
$5,886.26(82.4%)
Taxes
$1,060.00(14.8%)
Insurance
$200.00(2.8%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market insights

The market around Highland, NY

Current listings

New in the last 30 days

13

Nov 2026

Average price

Active listings

$591,292

Nov 2026

Average days on market

Active listings

148 days

Nov 2026

Computed from 92 active OneKey MLS listings in Highland, NY.

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