240 Blvd Ct, Kingston, NY 12401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.