306 Wall StKingston, NY 12401

Property Details for 306 Wall St

Year built

1955

Lot size

0.05 AC

Property size (Sq ft)

4,758 SF

Zone code

C-2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

510800 48.331-2-13

APU

51080048331213

Description

This exceptional 1,586 square foot commercial office space is situated on the first floor of a three-story building at 306 Wall Street in the heart of uptown Kingston, Ulster County. Built in 1955, this single-tenant property offers high visibility and benefits from significant foot traffic in a vibrant commercial area. The space includes a convenient kitchenette and a half bathroom, along with a dedicated private office, providing a functional and comfortable workspace. The building itself totals 4,758 square feet and sits on a 0.047-acre lot. The property is zoned T5MS, allowing for a variety of commercial uses. Its versatile layout makes it suitable for a range of businesses seeking a prominent location in a thriving uptown Kingston setting. The surrounding area offers a wealth of amenities, including shops and restaurants, creating a lively and attractive environment for both employees and clients. This is a rare opportunity to secure a well-located, established office space in a highly desirable area. The property is ideal for businesses seeking high visibility and easy access to a bustling commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $1,181,961

  6.5%

  $1,091,041

  7%

  $1,013,109

• Comparable approach

  Method

  Valuation

  Relative Method

  $625,859

  Geo Method

  $621,680

• Alternative Use

  Use

  Valuation

  Residential

  $1,352,891

  Hospitality

  $1,239,241

  Educational

  $1,031,034

  Medical

  $1,066,492

  Retail

  $1,603,830

Location Insight

City

Kingston

County

Ulster

State

New York

Latitude

41.9342

Longitude

-74.0195

CBSA code

28740

CBSA name

KINGSTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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