Kingston Commercial Building For
For Sale
$1,495,000
39 Saint James Street, Kingston, NY 12401
10,220 SF commercial building with parking and rental house.
Property Size10,942 SF
Price / SF$136.63
Days on Market122
Property Features for 39 Saint James Street
General Information
Standard status
Active
Size
10,942 SF
Property subtype
Commercial
Building Details
Year Built
1890
Listing Agency:
MARK STRYKER REALTY LLC
(845) 399-5438
Listed By:
DANIEL LE FEVER
Source:
Corcoran
Added: Apr 1
Changed: Jul 10
Last Checked: Jul 31 at 11:38AM
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 MARK STRYKER REALTY LLC
Investment Insights
Based on property information with market context.
This is a 10,220 square foot masonry building with a large parking lot, located in the middle of Kingston, NY. Additionally, there is a 722 square foot house on the property that is currently rented on a month-to-month basis. The building features two separate storefronts and two stories, plus a basement, and includes a service elevator. It is situated across the street from Keegan Ales and Camp Kingston, and across the parking lot from Peoples Place. For many decades, the building has been used as an auto parts store and is still operating as such.
Key Highlights
- High‑traffic location in the heart of Kingston, NY, across from popular destinations.
- Large 10,220 sq ft masonry building with two separate storefronts.
- Includes a 722 sq ft rental house providing immediate income.
Financial Insights For Retail
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 | $197.0k | $18.00 |
| − Vacancy | −$10.8k | −$0.99 |
| EGI | $186.1k | $17.01 |
| − OpEx | −$55.8k | −$5.10 |
| NOI | $130.3k | $11.91 |
10,942 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.86M
$1.63M – $2.17M
NOI $130,286 @ 7.0% cap · market cap 8.71%
Second Best
Industrial
$917.8K
$803.1K – $1.07M
NOI $64,247 @ 7.0% cap · market cap 4.30%
Theoretical Best
Multifamily LT 5
$102.33M
$89.54M – $119.38M
NOI $7,162,890 @ 7.0% cap · market cap 479.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,069
Businesses Nearby
72k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Shops & Services 33%
Dining 4%
Hannaford
Groceries
45,701 visits/mo
0.4 miles
Sunoco
Shops & Services
5,752 visits/mo
0.3 miles
Mobil
Shops & Services
5,403 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
4,789 visits/mo
0.4 miles
Chase Bank
Shops & Services
4,260 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Mark's Auto Repair — 98 furnace st, kingston, ny 12401
- Brenn Automotive — 225 Greenkill Ave, Kingston, NY 12401
- Dents Unbent — Kingston, NY 12402
- Chris's Automotive Auto Body Repair — 97 Pine Grove Ave, Kingston, NY 12401
- A & H Automotive — 13 Dederick St, Kingston, NY 12401
Frequently Asked Questions
What type of property is this?
Auto shop - 10,220 SF commercial building with parking and rental house.
Where is this auto shop located?
The property is located at 39 Saint James Street Kingston, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: High‑traffic location in the heart of Kingston, NY, across from popular destinations.; Large 10,220 sq ft masonry building with two separate storefronts.; Includes a 722 sq ft rental house providing immediate income.
