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Retail Plaza End Unit
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187 Kingston Avenue, Wurtsboro, NY 12790

A smaller suite and a larger end-cap suite are available within the same plaza.

Property Size7,200 SF
Price / SF$0.00
Days on Market536

Property Features for 187 Kingston Avenue

General Information

Standard status Active
Size 7,200 SF
Property subtype Business

Building Details

Year Built 1965
Listing Agency: Stewarts Shops Corp
Listed By: Molly Russell · License #10401387600
Source: Simplywoodardrealestate
Added: May 16, 2025 Changed: Nov 1 Last Checked: Nov 1 at 3:49PM

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 Stewarts Shops Corp

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Investment Insights

Based on property information with market context.

The retail plaza was built in 1965 and contains 7,200 square feet. Two suites are available: a 1,131-square-foot unit and an 1,800-square-foot end unit.

The plaza is located behind Stewart’s in Wurtsboro, New York.

Key Highlights

  • Two available suites: 1,131 square feet and 1,800 square feet
  • The 1,800‑square‑foot available suite is an end unit
  • 7,200‑square‑foot retail property built in 1965

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$86,910
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,200 $1.7M
Cap Rate 7%
$1,241,571 $1.2M
Cap Rate 9%
$965,667 $965.7K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$129.6K $18.00/SF
− Vacancy
−$5.4K −$0.76/SF
EGI
$124.2K $17.24/SF
− OpEx
−$37.2K −$5.17/SF
NOI
$86.9K $12.07/SF
Area
Sullivan County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,738,200
Cap Rate 7%
$1,241,571
Cap Rate 9%
$965,667

Alternative Uses

Best Use
Retail
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,910 @ 7.0% cap · market cap 543,187.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,240 @ 7.0% cap · market cap 864,000.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gotta Luv It ... Restaurant Ming Moon Restaurant NYBBC TAEKWONDO MARTIAL ... Training Center Gotta Luv It Restaurant

Suggested Use

Top Pick Dental Office HVAC Service Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 41%
Dunkin' Donuts Dining
9,093 visits/mo 0.1 miles
Mobil Shops & Services
7,804 visits/mo 0.1 miles
Chase Bank Shops & Services
4,161 visits/mo 0.1 miles
Wayne Bank Shops & Services
948 visits/mo 0.2 miles

Demographics for 12790, NY

4,817
Population
2,827
Households
1.7
Avg Household Size
47
Median Age
32%
College-Educated
89%
High-School Grad
51.5 sq mi
ZIP Area
94
Density / Sq Mi
$82,772
Median Household Income
$52,448
Median Earnings
$1,414
Median Rent
$203,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A smaller suite and a larger end-cap suite are available within the same plaza.
Where is this retail space located?
The property is located at 187 Kingston Avenue Wurtsboro, NY.
What are key features of this property?
This property features: Two available suites: 1,131 square feet and 1,800 square feet; The 1,800‑square‑foot available suite is an end unit; 7,200‑square‑foot retail property built in 1965
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