Kingston Investment Opportunity For
120 Wood Road Kingston, NY 12401
120 Wood Road, Kingston, NY, 12401
$1,600,000
For Sale
$1,600,000
15,300 SF building in Kingston, NY, renovated in 2025.
Property Size15,300 SF
Lot Size2.60 Acres
Price / SF$104.58
Days on Market179
Property Features for 120 Wood Road
General Information
- Standard status
- Active
- Size
- 15,300 SF
- Lot size
- 2.60 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing Agency
SVN DEEGAN-COLLINS COMMERCIAL
(845) 339-9100
Listed by
THOMAS COLLINS · License ##10491205234
Source
Corcoran
Added: Jan 22 Updated: Jul 6 at 10:28 am Checked: Jul 19 at 4:34 am
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
Investment Insights
Based on property information with market context.
Located at 120 Wood Road, Kingston, NY, this 15,300 square foot building presents an investment opportunity. Constructed in 1970 and renovated in 2025, the property features two net-leased units. It is zoned OM and situated in the Kingston, New York market, near the NYS Thruway Exit 19. This location is suitable for various professional and industrial activities.
Key Highlights
- Prime location just off NYS Thruway Exit 19.
- Recently renovated in 2025.
- 15,300 SF building.
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
DeForest Group
Corporate Office
Herberex
Pharmacy
Goliath Labs
(Bike/Boat/Book/etc) Store
N&S Supply and Bath ...
Plumbing Service
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 15,300 SF building in Kingston, NY, renovated in 2025.
Where is this flex space 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: Prime location just off NYS Thruway Exit 19.; Recently renovated in 2025.; 15,300 SF building.
