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    674 Broadway Kingston, NY 12401

    Sponsored
    For Sale
    Pending
    $765,000

    COMMERCIAL - Kingston, NY

    Property size:
    2,946 SF
    Lot size:
    0.12 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 19 at 8:06 pm

    Property Features for 674 Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Security features
    Security System
    Zoning
    COM 1
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 4
    Bathrooms
    4
    APN
    080005602500010170000000
    Exterior features
    Private Entrance
    Appliances
    Refrigerator, Range Hood, Gas Range
    Size
    2,946 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1960
    Flooring type
    Wood, Laminate
    Building materials
    Brick
    Roof type
    Rubber

    We can help!

    Listing Contact
    Marguerite Ehmann

    Howard Hanna Rand Realty (845) 338-5252 [email protected]

    Listing agent Marguerite Ehmann (914) 388-7543

    Listing date Jan 9, 2026

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Kingston Mixed-Use Building with Apartments

    This well-maintained brick building, formerly the ARTBAR Gallery, is located in Kingston's Arts District, near the Uptown Stockade Area, Downtown Waterfront, and the Ulster County Performing Arts Center. The main floor, accessible from Broadway, features a tavern room with a solid wood wet bar and seating overlooking the street. Currently set up as a wine bar, it is suitable for tapas, paninis, and other finger foods. The adjacent gallery, equipped with track lighting, offers an open space ideal for events, gallery displays, or retail purposes. A handicapped-accessible half bath is available. The back room off the gallery includes a gas stove, commercial hood, refrigerator, and an additional half bath, potentially serving as a prep area or live/work space. The upper floors contain two updated one-bedroom apartments, providing additional income. The property also features an attached one-car garage with storage and off-street parking. The building is move-in ready. The net income and cap rate reflect projected income for the first-floor space and apartments. Tenants in the apartments are responsible for electric and gas to the stove, while the owner covers gas heat and hot water. The property is zoned COM 1 and has a lot size of 0.12 acres. The building size is 2946 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Performance Edge Apparel Dance Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -74.007476
    Latitude
    41.930836

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with wine bar, gallery, and apartments.
    Where is this mixed-use property located?
    The property is located at 674 Broadway Kingston, NY.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - Income-generating property with two updated 1-bedroom apartments.; - Prime location in Kingston's Arts District, near Uptown, Downtown Waterfront, and the Performing Arts Center.; - Main floor Tavern Room features a solid wood wet bar and streetscape views, ideal for a wine bar or tapas.
    (914) 388-7543
    Request Owner's contact information
    674 Broadway Kingston, NY 12401
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    Kingston, NY 12401
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    674 Broadway Kingston, NY 12401
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    We can help!
    Listing Contact
    Marguerite Ehmann
    (914) 388-7543
    Learn more
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