Fully Leased Industrial
For Sale
$3,895,000
625 Sawkill Road, Kingston, NY 12401
Two-building industrial property with long-term net leases and access to I-87.
Property Size42,424 SF
Price / SF$92.32
Days on Market48
Property Features for 625 Sawkill Road
General Information
Standard status
Active
Size
42,424 SF
Property subtype
Industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Warehouse Space
42,192 SF
Building Details
Building Size
42,424 SF
Buildings
2
Tenancy
Multi
Listing Agency:
SVN | Deegan-Collins Commercial Realty
Listed By:
Joseph Deegan, CCIM · License #NY #10491205235
(845) 339-9100
Source:
Svn
Added: Aug 21
Changed: Sep 6
Last Checked: Oct 5 at 5:30PM
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 SVN | Deegan-Collins Commercial Realty
Investment Insights
Based on property information with market context.
This industrial warehouse property comprises two buildings measuring 19,942 square feet and 22,250 square feet. The asset is fully leased under long-term net lease agreements, with HOP Energy and Brenntag Lubricants occupying the facilities. The lease structure is designed to limit landlord responsibilities while maintaining an established tenant base.
Located at 625 Sawkill Road in Kingston, New York, the property offers access to I-87 and sits between the Capital Region and New York City. Its two-building configuration provides a substantial industrial presence within the Kingston market and may also accommodate an owner-user seeking a Hudson Valley operating location, as stated in the property information.
Located at 625 Sawkill Road in Kingston, New York, the property offers access to I-87 and sits between the Capital Region and New York City. Its two-building configuration provides a substantial industrial presence within the Kingston market and may also accommodate an owner-user seeking a Hudson Valley operating location, as stated in the property information.
Key Highlights
- Two warehouse buildings measuring 19,942 square feet and 22,250 square feet
- Fully leased industrial property with long‑term net leases
- Occupied by HOP Energy and Brenntag Lubricants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$341,124
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,822,480
$6.8M
Cap Rate 7%
$4,873,200
$4.9M
Cap Rate 9%
$3,790,267
$3.8M
Market Conditions
NOI Build-Up for 42,192 SF
Gross rent
$420.2K $9.96/SF
− Vacancy
−$18.9K −$0.45/SF
EGI
$401.3K $9.51/SF
− OpEx
−$60.2K −$1.43/SF
NOI
$341.1K $8.09/SF
Area
Ulster County, NY
Vacancy
4.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,822,480
Cap Rate 7%
$4,873,200
Cap Rate 9%
$3,790,267
Alternative Uses
Best Use
Warehouse
$4.87M
$4.26M – $5.69M
NOI $341,124 @ 7.0% cap · market cap 8.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$394.57M
$345.25M – $460.33M
NOI $27,619,872 @ 7.0% cap · market cap 709.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Two-building industrial property with long-term net leases and access to I-87.
Where is this warehouse located?
The property is located at 625 Sawkill Road Kingston, NY.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: Two warehouse buildings measuring 19,942 square feet and 22,250 square feet; Fully leased industrial property with long‑term net leases; Occupied by HOP Energy and Brenntag Lubricants
