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71 Albany Ave
Kingston, NY 12401
Retail Property For Sale
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1952
Price
$1,158,172 CAD
Price Per SF
$231.63 CAD
Cap Rate
8%
NOI
$92,654 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 (0 Spaces per 1,000 SF Leased)
Frontage
64’ on Albany Ave
Property Taxes
| Parcel Number | 0800-048.080-0001-008.000-0000 | Improvements Assessment | $329,342 CAD |
| Land Assessment | $143,312 CAD | Total Assessment | $472,654 CAD |
Property Taxes
Parcel Number
0800-048.080-0001-008.000-0000
Land Assessment
$143,312 CAD
Improvements Assessment
$329,342 CAD
Total Assessment
$472,654 CAD
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