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Investment Highlights

  • Location central and near NYS Thruway
  • Long term tenants
  • All update heated/cooling, LED lighting

Executive Summary

Prime Kingston stockade district commercial retail building fully rented with 6 units. 3 retail spaces with sidewalk and glass storefront windows, plus 3 additional rental units in back of the building. Building is fully rented with leased occupants. 12' ceilings, new heating and cooling with separate backup systems. Building has a 20 car parking lot with charging station with additional rear building entrance. Building has 5 bathrooms and all new LED lighting.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,000 SF
Building Class
C
Year Built
1952
Price
$1,144,078 CAD
Price Per SF
$228.82 CAD
Cap Rate
8%
NOI
$91,526 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial stockade district building in the heart of Kingston. Easily accessible just off the NYS thruway and at the base of Rt 9w.
Parking
22 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
64’ on Albany Ave
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Hannaford
Chase Bank
Rent-A-Center
Wells Fargo
KeyBank
Citizens Bank
TD Bank
Bank of America
CrossFit

Property Taxes

Property Taxes

Parcel Number
0800-048.080-0001-008.000-0000
Land Assessment
$144,560 CAD
Improvements Assessment
$332,210 CAD
Total Assessment
$476,770 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34993862

  • Date on Market: 2025-03-02

  • Last Updated:

  • Address: 71 Albany Ave, Kingston, NY 12401

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