Convenience Store with Liquor
For Sale
$365,000
374 S Wall Street, Kingston, NY 12401
The sale includes an established wine and liquor business, fixtures, and a standalone building.
Property Size1,170 SF
Price / SF$311.97
Days on Market35
Property Features for 374 S Wall Street
General Information
Standard status
Active
Size
1,170 SF
Property subtype
Business
Site & Location
Corner Location
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$6,055
Building Details
Building Size
1,170 SF
Year Built
1950
Buildings
1
Listing Agency:
Howard Hanna Rand Realty
Listed By:
Vincenza Seche
(914) 388-4933
Source:
Berardirealty
Added: Sep 28
Changed: Oct 31
Last Checked: Oct 30 at 9:30PM
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 Howard Hanna Rand Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A standalone 1,170-square-foot building, constructed in 1950, is being offered with an established wine and liquor business and its fixtures. Inventory is not included and must be purchased separately.
The property is at a corner intersection on S Wall Street in Kingston, between the Uptown district and the Downtown/Rondout waterfront area.
The property is at a corner intersection on S Wall Street in Kingston, between the Uptown district and the Downtown/Rondout waterfront area.
Key Highlights
- Sale includes an established wine and liquor business and fixtures; inventory is separate
- Standalone 1,170‑square‑foot building
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,132
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,640
$302.6K
Cap Rate 7%
$216,171
$216.2K
Cap Rate 9%
$168,133
$168.1K
Market Conditions
NOI Build-Up for 1,170 SF
Gross rent
$21.1K $18.00/SF
− Vacancy
−$885 −$0.76/SF
EGI
$20.2K $17.24/SF
− OpEx
−$5.0K −$4.31/SF
NOI
$15.1K $12.93/SF
Area
Ulster County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,640
Cap Rate 7%
$216,171
Cap Rate 9%
$168,133
Alternative Uses
Best Use
Specialty Retail
$216.2K
$189.2K – $252.2K
NOI $15,132 @ 7.0% cap · market cap 4.15%
Second Best
Retail
$199.0K
$174.1K – $232.2K
NOI $13,931 @ 7.0% cap · market cap 3.82%
Theoretical Best
Multifamily LT 5
$10.94M
$9.57M – $12.77M
NOI $765,909 @ 7.0% cap · market cap 209.84%
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
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
5,752 visits/mo
0.5 miles
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
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
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The sale includes an established wine and liquor business, fixtures, and a standalone building.
Where is this grocery and convenience store located?
The property is located at 374 S Wall Street Kingston, NY.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Sale includes an established wine and liquor business and fixtures; inventory is separate; Standalone 1,170‑square‑foot building; Built in 1950
