Add Listing
    For Sale
    • 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

    74 Broadway Kingston, NY 12401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $350,000

    Townhouse in Kingston's Rondout district, currently office space.

    Property size:
    2,340 SF
    Lot size:
    0.03 Acres

    Property Features for 74 Broadway

    General Information

    Standard status
    Active
    Size
    2,340 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    1991

    We can help!

    Listing Contact
    Candida Ellis
    Candida Ellis
    Source: Corcoran

    Listing Agency: COLDWELL BANKER VILLAGE GREEN Listing Agent: Candida Ellis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Waterfront Townhouse in Historic Rondout

    Located in Kingston's Rondout district, this townhouse offers an opportunity to create a waterfront residence. Currently configured as a professional office space, the building's layout is suitable for a three-bedroom home with elevated living spaces across three floors. Situated on a hill at the Rondout Creek, the property occupies a corner location reflecting the Hudson River's maritime heritage. The property is near restaurants, galleries, the Hudson River Maritime Museum, and independent shops. Recreational opportunities include nearby marinas, fishing docks, the Kingston Point Rail Trail, the Empire Trail, and Kingston Point Park. The property includes two dedicated parking spaces in the paved lot behind the building. Recent investments include a new roof, gutters, replacement windows, and three split HVAC units, one per floor. The property is suited for business use due to foot traffic and proximity to amenities.
    Location Intelligence

    Current Use by Public Records

    Ulster County Board-Realtors Charitable Organization Multiple Listing Services Publishing House

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -73.9846658
    Latitude
    41.9198734

    Nearby Similar for Sale

    • $350,000
      2,340 SF

      Kingston Waterfront Townhouse Opportunity

      Townhouse in historic Rondout district, currently office space, potential waterfront residence.
      74 Broadway, Kingston, NY 12401
      View Details
    • New
      $269,900
      1,239 SF

      Kingston Medical Office Condo Units

      Medical office condo unit with garage parking in Kingston, NY.
      117 Marys Ave Unit, Kingston, NY 12401
      View Details
    • $215,000
      656 SF

      Kingston Mixed-Use Commercial Opportunity

      High-visibility mixed-use property in Kingston, ideal for various businesses.
      329 Foxhall Ave, Kingston, NY 12401
      View Details
    • $649,000
      2,707 SF

      Charming Mixed-Use Kingston Property

      Mixed-use property with charm and many opportunities in Kingston.
      75 Pearl Street Ln, Kingston, NY 12401
      View Details
    • $349,999
      1,920 SF

      Kingston Two-Family Home with Garage

      Two-family home with three-bay garage in Kingston, NY.
      53 Shufeldt St, Kingston, NY 12401
      View Details
    • $399,000
      Pending

      Kingston Three-Unit Multifamily Property

      Three-unit building in Kingston, NY with recent updates.
      36 Prince St, Kingston, NY 12401
      View Details
    • $575,000
      Pending

      Kingston Mixed-Use Retail Opportunity

      Mixed-use property with grocery store and two-family home.
      185 Smith Ave, Kingston, NY 12401
      View Details
    • $575,000
      Pending

      Mixed-Use Kingston Neighborhood Grocery Store

      Mixed-use property with grocery store and two-family home.
      185 Smith Ave, Kingston, NY 12401
      View Details
    • $399,000
      2,669 SF

      Kingston Triplex: Investment Opportunity

      Well-maintained three-unit building in Kingston, NY. Ideal for investors.
      12 Prince St, Kingston, NY 12401
      View Details
    • $749,000
      4,670 SF

      Medical Office Condo Near Hospital

      Medical office condominium suite adjacent to Health Alliance Hospital.
      117 Marys Ave, Kingston, NY 12401
      View Details
    • $429,000
      2,784 SF

      Spacious Kingston Duplex with Yard

      Centrally located Kingston duplex, ideal for investment or owner-occupied.
      100 Gage St, Kingston, NY 12401
      View Details
    • $499,000
      0.13 Acres

      Historic Kingston Home Near Waterfront

      Updated three-level home with loft near Rondout Creek.
      465 Abeel St, Kingston, NY 12401
      View Details

    FAQs

    What type of property is this?
    Office units - Townhouse in Kingston's Rondout district, currently office space.
    Where is this office units located?
    The property is located at 74 Broadway Kingston, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Prime waterfront location in Kingston's historic Rondout district, offering Hudson River access.; - Walkable neighborhood with immediate access to restaurants, galleries, museums, shops, and evening destinations.; - Potential to create a three-bedroom waterfront residence with elevated living spaces.
    (845) 679-2255
    Request Owner's contact information
    74 Broadway Kingston, NY 12401
    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.
    74 Broadway
    Kingston, NY 12401
    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
    74 Broadway Kingston, NY 12401
    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

    We can help!
    Listing Contact
    Candida Ellis
    Candida Ellis
    (845) 679-2255 (518) 522-5262 (518) 734-4200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!