Two-Unit Flex
For Sale
Contact for pricing
120 Wood Rd, Kingston, NY 12401
Recently renovated building offers two units suitable for office and warehouse use.
Property Size15,300 SF
Price / SF$104.58
Days on Market108
Property Features for 120 Wood Rd
General Information
Standard status
Active
Size
15,300 SF
Property subtype
OFFICE
Zoning
OM
Additional Details
Business Included
No
Building Details
Year Built
1970
Year Renovated
2025
Listing Agency:
SVN | Deegan-Collins Commercial Realty
(845) 706-4691
Listed By:
Thomas A. Collins · License #10491205234
(845) 706-4691
Source:
Moodyscre
Added: Apr 15
Changed: Jul 28
Last Checked: Jul 31 at 3:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Deegan-Collins Commercial Realty
Investment Insights
Based on property information with market context.
120 Wood Road in Kingston, New York is a 14,646-square-foot flex-style building constructed in 1970 and recently renovated in 2025. The property is configured as two spacious units, designed for combined office and warehouse use.
The building is zoned OM and located in the Ulster area. It presents a straightforward option for tenants or buyers seeking a multi-unit setup that can support both professional office space and warehouse operations.
The recent renovation and two-unit layout provide a functional configuration for flexible occupancy within the same building.
The building is zoned OM and located in the Ulster area. It presents a straightforward option for tenants or buyers seeking a multi-unit setup that can support both professional office space and warehouse operations.
The recent renovation and two-unit layout provide a functional configuration for flexible occupancy within the same building.
Key Highlights
- 14,646 SF building constructed in 1970, recently renovated in 2025
- Two spacious units suitable for office and warehouse use
- Zoned OM and located in the Ulster area
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.4k | $9.96 |
| − Vacancy | −$6.9k | −$0.45 |
| EGI | $145.5k | $9.51 |
| − OpEx | −$21.8k | −$1.43 |
| NOI | $123.7k | $8.09 |
15,300 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.29M
$3.76M – $5.01M
NOI $300,530 @ 7.0% cap · market cap 18.78%
Second Best
Flex RnD
$3.43M
$3.00M – $4.00M
NOI $239,873 @ 7.0% cap · market cap 14.99%
Theoretical Best
Multifamily LT 5
$143.08M
$125.20M – $166.93M
NOI $10,015,738 @ 7.0% cap · market cap 625.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12401, NY
35,493
Population
16,914
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
58.9 sq mi
ZIP Area
603
Density / Sq Mi
$67,426
Median Household Income
$42,503
Median Earnings
$1,300
Median Rent
$285,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Recently renovated building offers two units suitable for office and warehouse use.
Where is this flex space located?
The property is located at 120 Wood Rd Kingston, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 14,646 SF building constructed in 1970, recently renovated in 2025; Two spacious units suitable for office and warehouse use; Zoned OM and located in the Ulster area
