Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    701 Grant Ave. Kingston, NY 12401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14 SF/Yr

    Premier commercial property with robust infrastructure in Kingston, NY.

    Type:Office
    Property size:
    310,000 SF
    Added:
    Nov 21, 2025
    Days on Market:
    137
    Last Refresh:
    Apr 2 at 12:04 am

    Property Features for 701 Grant Ave.

    General Information

    Standard status
    Active
    Size
    310,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1983

    Spaces For Lease

    at 701 Grant Ave. Contact us

    We can help!

    Listing Contact
    Thomas Collins, CCIM
    Thomas Collins, CCIM

    Listing agent Thomas Collins, CCIM License #NY #10491205234

    Listing office SVN DEEGAN-COLLINS COMMERCIAL

    Listing date Nov 21, 2025

    Source Svn

    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

    Overview

    Kingston Commercial Property for Rent

    Located at 701 Grant Ave., Kingston, NY, this commercial property offers a robust infrastructure suitable for various business needs. The property is equipped with an uninterruptible power source, redundant fiber, and a high-powered electrical infrastructure, making it suitable for back-up, disaster recovery, or mission-critical facilities. Supplemental data room cooling is available to ensure optimal performance. A pad site is also available for backup generator installation. The property features steel case workstations, providing a turnkey solution. The location is approximately 1 hour and 45 minutes north of New York City. The property has a size of 310000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -74.0577
    Latitude
    41.932

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      71 Albany Ave

      Retail space with parking, central air, heat, and high ceilings.
      71 Albany Ave, Unit 1, Kingston, NY 12401
      View Details
    • Contact for pricing

      High-Visibility Office Space Available

      2,000+ sq ft office space in prime location.
      790 Ulster Avenue, Kingston, NY 12401
      View Details
    • Contact for pricing

      High-Visibility Office Space Available

      2,000+ SF office space in prime location for rent.
      790 Ulster Avenue, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Flexible Space

      22,680 SF of flexible space in historic Stockade District.
      61 Crown Street, Kingston, NY 12401
      View Details
    • Contact for pricing

      Kingston Professional Office Space For Rent

      Highly visible office space in a strategic, vibrant Kingston corridor.
      730 Broadway #Suite 1, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Office Space Available

      Bright office space in prime Uptown location, ready April 2026.
      275 Fair Street #17g, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Office Space

      Office suite in the heart of Uptown Kingston for rent.
      273 Wall Street #2m, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Office Suite

      Spacious 6-office suite with fireplaces in Uptown Kingston.
      159 Green Street #FI3, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Studio/Office Space

      Open space in the heart of Uptown Kingston with parking.
      273 Wall Street #B-1, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Office Space

      Second floor office space in Uptown Kingston. Utilities included.
      159 Green Street #24a, Kingston, NY 12401
      View Details
    • Contact for pricing

      Uptown Kingston Office Space

      Office space in Uptown Kingston with private parking.
      273 Wall Street #101, Kingston, NY 12401
      View Details
    • $22/mo

      Class A Office Space Available

      5,523 SF Class A office space for rent.
      918 Ulster Avenue, Kingston, NY 12401
      View Details

    FAQs

    What type of property is this?
    Office building - Premier commercial property with robust infrastructure in Kingston, NY.
    Where is this office building located?
    The property is located at 701 Grant Ave. Kingston, NY.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Uninterruptible power source ensures reliable operation.; Redundant fiber and high‑powered electrical infrastructure.; Suited for back‑up, disaster recovery, or mission‑critical facilities.
    (845) 339-9100
    We can help!
    Listing Contact
    Thomas Collins, CCIM
    Thomas Collins, CCIM
    Real Estate License ID: NY #10491205234
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!