Property profile

104 Smith Ave Kingston, NY 12401

FOR LEASE
Other warehouses
Property ID
US63-2543132
53,429 SF 2.3 ac lot Built 1960
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 104 Smith Ave in Kingston, New York consists of an approximately 18,240-square-foot historic timber-supported building with an additional approximately 9,120-square-foot basement. Originally constructed around the turn of the 20th century as a granary, it features massive timber supports and is configured with potential for subdivision and build-to-suit use. It has street-level retail frontage along Smith Ave with a slightly elevated ground level, along with an overhead door and access to the upper level by elevator (with an elevator planned/being added). Off-street parking is provided. The exterior and building systems have been targeted for comprehensive renovation, including a roof replacement, new siding and windows, electrical system updates, and installation of a full fire suppression system. The site is located in the Midtown Arts district within a mixed-use complex environment and is zoned TK5, which supports a range of business uses including light manufacturing, brewery/distillery uses, retail, restaurant use, and makers spaces; the upper floor’s soaring ceiling height may support uses such as an indoor climbing gym.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1960
Total area 53,429 SF
Lot 2.3 ac (100,188 SF)
Zoning code M-2
APN 510800 48.82-1-7
UPID US63-2543132

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Hardware & Home Improvement
  • Construction Company General Contractor
  • Big Box & Wholesale Store Building Supply

Location

104 Smith Ave Kingston, NY 12401
Kingston metro Census 952000 KINGSTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$785k

Owner & transaction history

since 2023
5 recorded transactions
2025
Price N/A
2023
Price N/A
2023
$247,500
2020
Price N/A
2014
$453,780

Zoning & alternative use

M-2 · Kingston, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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