McGrath & Company
Real Estate Appraisal
Ulster County, NY

Commercial Appraisal and Assessment in Ulster County

Ulster County pairs the commercial center of Kingston with some of the strongest tourism-driven retail and hospitality markets in the Hudson Valley. We appraise commercial property throughout the county.

Kingston anchors Ulster County's commercial market, with its uptown, midtown, and waterfront districts and the large former IBM campus that has been repositioned for flex and light-industrial use. Away from the city, the county's economy is heavily shaped by tourism, and the retail, restaurant, and hospitality property of New Paltz, Woodstock, and Saugerties trades on patterns a general appraiser can easily misjudge.

We bring current familiarity with both sides of this market: the conventional office, retail, and multifamily of the Kingston area, and the seasonally influenced hospitality and Main Street retail of the surrounding towns. That distinction is often exactly what a credible valuation turns on.

Property we appraise in Ulster County

  • Retail and mixed-use
  • Hospitality and restaurant
  • Office and medical office
  • Industrial and flex/warehouse
  • Multifamily
  • Special-purpose property

Assessment and grievance in Ulster County

In the county's towns, Grievance Day is generally the fourth Tuesday in May, following the tentative roll on May 1. The City of Kingston assesses on its own calendar.

Ulster County has 20 independently assessing cities and towns, each with its own assessor, Board of Assessment Review, and equalization rate.

Complaints are filed on Form RP-524 with the local Board of Assessment Review. Commercial owners seeking a reduction beyond the administrative level file an Article 7 petition in State Supreme Court within 30 days of the final roll. Confirm the current year's dates with your assessor before filing.

Equalization rates and reassessment

The equalization rate is the state’s measure of a municipality’s assessed value as a percentage of market value. A rate near 100 means assessments track full market value; a lower rate means assessed values are a fraction of it. Dividing an assessment by the equalization rate gives the market value it implies, which is the starting point for any commercial tax appeal.

MunicipalityEqualization rateNext reassessment
Denning11.09%None scheduled
Esopus51%None scheduled
Gardiner57.5%None scheduled
Hardenburgh34%None scheduled
Hurley91.3%2026
Kingston47%None scheduled
Lloyd59.26%None scheduled
Marbletown52%None scheduled
Marlborough56.56%None scheduled
New Paltz58%None scheduled
Olive100%2026
Plattekill55%None scheduled
Rochester53%2026
Rosendale56%None scheduled
Saugerties100%2026
Shandaken14%None scheduled
Shawangunk11.2%None scheduled
Ulster41%None scheduled
Wawarsing60%None scheduled
Woodstock47%2027

Equalization rates and reassessment years from New York State Open Data (ORPTS), 2025 survey.

Industrial Development Agency and PILOTs. The Ulster County Industrial Development Agency structures PILOTs and exemptions for qualifying commercial, industrial, and redevelopment projects, including adaptive reuse around Kingston. A PILOT changes the effective tax burden for its term and is a key input in valuing any property it covers.

Common questions

Ulster County appraisal questions.

Do you appraise hospitality and tourism-related property in Ulster County?

Yes. Restaurant, lodging, and Main Street retail in markets like New Paltz, Woodstock, and Saugerties behave differently from conventional commercial property, and we appraise them with that seasonality in mind.

When is Grievance Day in Ulster County?

In the towns it is generally the fourth Tuesday in May. The City of Kingston sets its own date, so confirm the specific date with your assessor each year.