142 Schwenk Dr Kingston, NY 12401-2940
This exceptional commercial property at 142 Schwenk Drive in Kingston, NY, presents a unique investment opportunity. The 4,256 square foot building, constructed in 1968, boasts a prime location on a busy thoroughfare leading directly to the Kingston Plaza Shopping Center and serving as a gateway to the historic Kingston Stockade District, known for its vibrant shopping and dining scene. The brick and frame structure sits on a 0.55-acre, mostly rectangular lot, providing approximately 45 paved parking spaces. Recently utilized as a customer service center, this versatile space is ideally suited for a variety of retail or professional office uses, zoned C-2. The building features a natural gas-fired forced air heating and air conditioning system, a 200-amp electrical service, and municipal water and sewer connections. Its strategic location places it within easy walking distance of the planned Kingstonian Development, a significant mixed-use project encompassing a boutique hotel, apartments, restaurants, retail space, parking, and a pedestrian plaza. This development promises to further enhance the area's appeal and increase foot traffic, making this property an even more attractive investment. The high visibility and ample parking make this a truly exceptional commercial opportunity in a thriving Kingston location. The asking price is $895,000.
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Spectrum Telecommunications Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Kingston, NYKingston. Always verify with local authorities before improvements.
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.