Kingston Office/Warehouse Investment
For Sale
$1,600,000
120 Wood Road, Kingston, NY 12401
Renovated 14,646 SF building suitable for office and warehouse use.
Property Size14,646 SF
Price / SF$109.24
Days on Market147
Property Features for 120 Wood Road
General Information
Standard status
Active
Size
14,646 SF
Property subtype
Office
Building Details
Year Built
1970
Listing Agency:
SVN | Deegan-Collins Commercial Realty
(845) 706-4691
Listed By:
Thomas Collins, CCIM · License #NY #10491205234
(845) 706-4691
Source:
Svn
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 24 at 6:21AM
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.
Located at 120 Wood Road, Kingston, NY, this 14,646 square foot building presents an investment opportunity. Constructed in 1970 and renovated in 2025, the property features two units suitable for office and warehouse use. The property is zoned OM and situated in the Ulster area. Located just off the New York State Thruway exit 19, the property offers proximity to the Kingston Stockade District, which is known for retail, restaurants, and cultural attractions. The property also benefits from its convenient location near the commercial hub of Kingston, providing access to business services and facilities. This location offers access to a blend of economic and cultural offerings, making it an attractive location for office or office building investment.
Key Highlights
- Recently renovated in 2025, offering modern updates.
- Large 14,646 SF building suitable for office and warehouse use.
- Prime location off New York State Thruway exit 19.
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 | $145.9k | $9.96 |
| − Vacancy | −$6.6k | −$0.45 |
| EGI | $139.3k | $9.51 |
| − OpEx | −$20.9k | −$1.43 |
| NOI | $118.4k | $8.09 |
14,646 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.11M
$3.60M – $4.79M
NOI $287,684 @ 7.0% cap · market cap 17.98%
Second Best
Warehouse
$1.69M
$1.48M – $1.97M
NOI $118,413 @ 7.0% cap · market cap 7.40%
Theoretical Best
Multifamily LT 5
$136.97M
$119.85M – $159.79M
NOI $9,587,615 @ 7.0% cap · market cap 599.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Office building - Renovated 14,646 SF building suitable for office and warehouse use.
Where is this office building located?
The property is located at 120 Wood Road 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: Recently renovated in 2025, offering modern updates.; Large 14,646 SF building suitable for office and warehouse use.; Prime location off New York State Thruway exit 19.
