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Property profile & analytics
OFF-MARKET Estimated value $650,000
Investment properties

142 Schwenk Dr Kingston, NY 12401-2940

4,256 SF 0.55 ac lot Built 1968
Individually Owned 5-yr Hold Free & Clear
Property ID
US63-2415914
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1968
Total area 4,256 SF
Lot 0.55 ac (23,958 SF)
Zoning code C-2
APN 510800 48.71-1-5
UPID US63-2415914
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
Current use
Occupant on record · Public records
  • Spectrum Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
$690k
Comparable Approach Comparable
$645k
Blend (final) Blend
$650k
Owner & transaction history
Rondout Sb · 5 yrs held
Rondout Sb
since 2021
Last sale
$629,000
2 recorded transactions
2025
Price N/A
2021
$629,000
Zoning & alternative use
C-2 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $800,000 +2.6%
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