Sale of Prominent Commercial Building in Saugerties, New York Ensures Community Continuity

Coldwell Banker Village Green Realty, the #1 selling real estate company in The Hudson Valley Catskills Region MLS*, is pleased to announce the successful sale of 99-103 Partition Street, a distinguished commercial building located in the heart of Saugerties, New York. Comprising three structures: two brick buildings with storefronts that house the popular beauty salon Headspace and Little Blueberry, residential apartments, and a converted carriage house, the property is a cornerstone of Saugerties’ shopping district. The property has been acquired by Home Property Group marking its first change in ownership in nearly four decades and the beginning of an exciting chapter that preserves the longstanding relationships and community ties that have defined this location in the past and will ensure its continued maintenance and growth in the future.

The sale of 99-103 Partition Street will bring about no immediate changes in the Partition Street shopping experience - the new ownership is committed to maintaining the current mix of commercial and rental tenants. Home Property Group recognizes the value of the existing businesses and the residences within the building and is dedicated to fostering a stable and thriving village ecosystem – they plan to make improvements on the building when vacancies naturally occur. Steve Goldman, a representative of Home Property Group said, “We're excited to add 99-101 Partition Street to our growing portfolio throughout the Hudson Valley. We're committed to delivering a high quality standard of living for our tenants and working closely with all local stakeholders in Saugerties.”

Eric Amaral, longtime Associate Broker at Coldwell Banker Village Green Realty expressed enthusiasm about the seamless transition and the positive impact it will have on the local community: "[I'm] thrilled to have facilitated this transaction that will not only bring a new chapter to 99-103 Partition Street but does so with a commitment to maintaining the character and vibrancy of Saugerties. [I'm] also thrilled with the level of buyer interest in this property which showed there’s significant investment interest in Saugerties. I’ve always loved that it’s a village for both locals and visitors, and this sale supports that model. It’s that model that has made Saugerties perennially popular.”