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    OFF-MARKET
    Retail properties & Spaces

    240 Blvd Ct, Kingston, NY 12401

    17,250 SF Built 1950
    Property ID
    Property summary
    AI-generated overview

    The Chateau, located at 240 Boulevard Ct, Kingston, NY 12401, presents a unique investment opportunity. This established restaurant, encompassing the entire 17,250 square foot building, sits on a sizable 17,250 square foot lot. Built in 1950, the single-story structure is zoned RRR and offers significant potential for continued operation as a restaurant or for adaptive reuse. The property's address is also listed as 240 Boulevard. The sale includes both the business and the building, representing a complete turnkey acquisition. The property features a single unit within a single building, providing a streamlined ownership experience. The asking price for this exceptional property is $3,900,000. Its prime location in Ulster County, New York, offers easy access to local amenities and a thriving community. The APN is 0800-56.040-0002-029.100-0000. This is a rare opportunity to acquire a well-established business and its accompanying real estate in a desirable location. The substantial square footage provides ample space for various uses, making it an attractive proposition for both seasoned restaurateurs and investors seeking a high-return asset.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1950
    Total area 17,250 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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