2-26 Delaware Ave Kingston, NY 12401
Property Features for 2-26 Delaware Ave
General Information
- Size
- 2,456 SF
Source:
Svn
Listing Agent: Joseph Deegan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hudson River Oil Terminal
This net leased oil terminal is situated on the Hudson River in Kingston, NY, approximately 90 miles north of New York City. The property comprises 8 separate parcels totaling 11.5 acres. It features a tank capacity of approximately 3 million gallons. A shipping channel is located immediately offshore, and the property is immediately adjacent to Kingston Point Park. The facility is net leased to HOP Energy through October 31, 2031, with an 11-year renewal option extending to December 31, 2042. The lease escalates on November 1, 2027, to $428,000.00 until December 31, 2032, with 5-year increases thereafter. Additionally, the landlord receives $0.001 per net gallon of throughput through the terminal. The property size is 2456 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Truck terminals
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Ulster
- State
- New York
- Longitude
- -73.962587
- Latitude
- 41.9283048
Nearby Similar for Sale
FAQs
What type of property is this?
Truck terminal - Net leased oil terminal on the Hudson River.
Where is this truck terminal located?
The property is located at 2-26 Delaware Ave Kingston, NY.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: - Net Leased to HOP Energy through 10/31/2031 with an 11-year Renewal Option to 12/31/42; - Strategic location on the Hudson River, approximately 90 miles North of New York City, with a shipping channel immediately offshore.; - Tank capacity of approximately 3MM gallons.