Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space in Shopping Center Title is generated by Realmo AI

    500-990 Miron Lane, Kingston, NY 12401

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Flexible leasing and subdivision options, including an endcap configuration with strong access and high daily traffic visibility.

    Type:Retail
    Property size:
    32,234 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 1:56 am

    Property Features for 500-990 Miron Lane

    General Information

    Standard status
    Active
    Size
    32,234 SF
    Property subtype
    Retail

    Properties For Sale

    at 500-990 Miron Lane Contact us

    We can help!

    Listing Contact
    Bruce Ginsburg
    Bruce Ginsburg

    Listing agent Bruce Ginsburg

    Listing office IKON Realty Group

    Listing date Jun 2, 2026

    Source Ikonrealtygroup

    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 IKON Realty Group

    HighLights

    • Multiple leasing options at Dena Marie Plaza, with landlord willing to subdivide based on tenant needs
    • Build‑to‑suit or ground lease available up to 20,000 SF of retail and/or office, with drive‑thru potential
    • Existing 6,500 SF inline space formerly Famous Footwear, noted as subdividable
    • Party City endcap includes 12,234 SF; building can be expanded to an endcap of about 32,234 SF
    • Up to about 20,000 SF pad site or build‑to‑suit options available
    • Traffic counts of about 35,000 cars/day; pylon sign placement available along US‑9W and Miron Lane

    Overview

    Dena Marie Plaza offers multiple retail and office options with a landlord that is willing to subdivide spaces based on tenant needs. Existing opportunities include an inline former Famous Footwear space estimated at about 6,500 SF that can be subdivided, along with an approximately 12,234 SF Party City endcap that may be expanded to roughly 32,234 SF. The center also supports build-to-suit development or a ground lease concept with drive-thru potential, with availability up to about 20,000 SF of retail and/or office space, plus pad site options.

    The property is positioned for visibility and access, with pylon sign placement available along both US-9W and Miron Lane. Traffic counts are reported at approximately 35,000 cars per day in front of the property, and the site shares a traffic light with a high-volume ShopRite.

    This mix of subdividable in-line space, an expandable endcap, and the option to develop to a tenant’s specifications makes Dena Marie Plaza well suited for retailers and related services seeking flexible footprint planning. The drive-thru potential further supports users that require convenient customer pickup and circulation, while sign placement and the established retail adjacency help maintain strong storefront exposure.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Hudson Valley Mall — 1300 Ulster Ave, Kingston, NY 12401
    • Kings Mall — 1200 Ulster Ave, Kingston, NY 12401

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -73.988871
    Latitude
    41.959323

    Nearby Similar for Sale

    • $1,495,000
      4,280 SF

      Kingston Mixed-Use Commercial Property

      19.6-acre mixed-use property with recreational attractions and mountain views.
      167 Hill Road, Kingston, NY 12401
      View Details
    • $529,999
      2,682 SF

      Two-Family Property, Strong Rental Potential

      Two-family property in Saugerties, NY, with strong rental potential.
      252-254 Partition Street, Kingston, NY 12477
      View Details
    • $399,999
      1,344 SF

      Kingston Multi-Family Income Property

      Income-producing multi-family property in Kingston, New York.
      25 S Prospect Street, Kingston, NY 12401
      View Details
    • $269,900
      1,239 SF

      Kingston Medical Office Condo Units

      Medical office condo unit with garage parking in Kingston, NY.
      117 Marys Avenue, Kingston, NY 12401
      View Details
    • $299,000
      3,360 SF

      Entitled Triplex Development Parcel

      Fully approved three-unit triplex project with verified utility capacity and stamped plans, ready to move quickly to construction.
      65 First Avenue, Kingston, NY 12401
      View Details
    • $995,000
      9,407 SF

      Kingston Commercial Condominium For Sale

      First-floor condominium with offices, therapy area, and storage.
      371 Broadway, Kingston, NY 12401
      View Details
    • $399,900
      2,784 SF

      Spacious Kingston Two-Family Home

      Centrally located two-family home with separate utilities and large yard.
      100 Gage Street, Kingston, NY 12401
      View Details
    • $350,000
      2,340 SF

      Kingston Townhouse Office/Residential Opportunity

      Townhouse in Kingston's Rondout district, configured as professional office space.
      74 Broadway, Kingston, NY 12401
      View Details
    • $299,000
      3,300 SF

      Kingston Mixed-Use Commercial Building

      Commercial building in Kingston's Stockade District with mixed-use potential.
      57 N Front Street, Kingston, NY 12401
      View Details
    • $464,999
      2,327 SF

      Kingston Multi-Unit Income Property

      Well-maintained two-unit property in Kingston with convenient access to amenities.
      212 Ten Broeck Ave, Kingston, NY 12401
      View Details
    • $379,999
      1,810 SF

      Kingston Triplex Investment Opportunity

      Triplex in Kingston near shops, restaurants, and transportation.
      171 Greenkill Ave, Kingston, NY 12401
      View Details
    • $450,000

      Kingston Two-Family Home with Yard

      Meticulously maintained two-family home near Kingston's urban center.
      127 E Chester Street, Kingston, NY 12401
      View Details

    FAQs

    What type of property is this?
    Shopping center - Flexible leasing and subdivision options, including an endcap configuration with strong access and high daily traffic visibility.
    Where is this shopping center located?
    The property is located at 500-990 Miron Lane Kingston, NY.
    What are key features of this property?
    This property features: Multiple leasing options at Dena Marie Plaza, with landlord willing to subdivide based on tenant needs; Build‑to‑suit or ground lease available up to 20,000 SF of retail and/or office, with drive‑thru potential; Existing 6,500 SF inline space formerly Famous Footwear, noted as subdividable
    (518) 573-5853
    We can help!
    Listing Contact
    Bruce Ginsburg
    Bruce Ginsburg
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    500-990 Miron Lane, Kingston, NY 12401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!