42 Main Street, Kingston, NY 12401
3,222 SF office building in Uptown Kingston's Stockade District.
- Added:
- Nov 24, 2024
- Days on Market:
- 563
- Last Refresh:
- Apr 5 at 9:10 pm
Property Features for 42 Main Street
General Information
- Standard status
- Active
- Size
- 3,222 SF
- Lot size
- 0.07 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing agent JOSEPH DEEGAN License ##10491205235
Listing office SVN DEEGAN-COLLINS COMMERCIAL (845) 339-9100
Listing date Nov 24, 2024
Source Corcoran
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
HighLights
- Prime location in the desirable Stockade District of Uptown Kingston, NY.
- Zoned T5MS (Main Street Mixed Use) offering versatile usage options.
- 3,222 SF office building with a thoughtfully designed layout.
- Multiple offices and bathrooms across three floors.
- Includes 9 on‑site parking spots.
- Suitable for office building investors/users.
Overview
Local Financial Insights For Office B
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 | $96.7k | $30.00 |
| − Vacancy | −$12.3k | −$3.81 |
| EGI | $84.4k | $26.19 |
| − OpEx | −$21.1k | −$6.55 |
| NOI | $63.3k | $19.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Ulster
- State
- New York
- Longitude
- -74.0182
- Latitude
- 41.9326
