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Property profile & analytics
OFF-MARKET
Estimated value
$7,970,000
Manufacturing properties
1600 Enterprise Dr 1678 Kingston, NY 12401-7022
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-3725416
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
87,052 SF
Lot
1.8 ac (78,408 SF)
Zoning code
37
APN
515400 48.7-1-29.210
UPID
US63-3725416
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
-
Bllix Shipping Company Freight Service
-
Holistic Health Help Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.54M
CAP Approach
CAP
$7.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.97M
Owner & transaction history
Kingston Ent Rlty LLC · 1 yrs held
Kingston Ent Rlty LLC
since 2025
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
37 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.6M
+186.6%
Auto repair, garage
$11.0M
+170.8%
Commercial (general)
$10.0M
+145.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,645,000
ML approach
$7,540,000
CAP Approach
CAP Return
Estimation
6%
$8,520,000
6.5%
$7,865,000
7%
$7,300,000
Alternative Use
Use
Estimation
RESTAURANT
$11,600,000
Change: +187% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,965,000
Change: +171% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,955,000
Change: +146% · Conversion: Difficult
OFFICE BUILDING
$7,080,000
Change: +75% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,340,000
Change: +57% · Conversion: Easy
MEDICAL BUILDING
$5,805,000
Change: +43% · Conversion: Difficult
RETAIL STORES
$5,525,000
Change: +36% · Conversion: Moderate
Blend value · Realmo final
$7.97M
Range $7.17M – $8.77M · ±10% · vs last sale $8.40M (Oct 31 2024)
Last sale anchor
$8.40M
Oct 31 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,738,615
Assessed 2023
Previous assessed
$1,738,615
+0.0% YoY
Assessed land
$267,500
Assessed improvement
$1,471,115
Land market value
$535,000
Improvement market value
$2,942,230
Total market value
$3,477,230
Applied tax rate
510,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Buildings
1
Stories
1
Total area
87,052 SF
Lot
1.8 ac (78,408 SF)
Zoning code
37
APN
515400 48.7-1-29.210
UPID
US63-3725416
Jurisdiction
ULSTER
Zoning & alternative use
37 · Kingston, NY
Zoning 37 · permitted uses
37 · Kingston, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kingston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$11.6M
AUTO REPAIR, GARAGE
Est. value
$11.0M
COMMERCIAL (GENERAL)
Est. value
$10.0M
OFFICE BUILDING
Est. value
$7.1M
WAREHOUSE, STORAGE
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.5M
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Kingston Ent Rlty LLC
Entity
Mailing address
3 PARK AVE, AIRMONT, NY 10952-4518
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$8,400,000
Kingston Ent Rlty LLC
Kingston Realty Team LLC
Deed
$5,879,000 · Finwise Bank
Mar 17, 2023
—
Kingston Realty Team LLC
—
Deed
related
$2,994,000 · Jovia Com Lending LLC
Aug 23, 2021
$5,718,708
Kingston Realty Team LLC
Techcity 42&43 LLC
Deed
—
Jun 22, 2018
—
Techcity 42 & 43 LLC
—
Deed
related
$7,000,000 · Greater Hudson Bk NA
Jul 15, 2010
—
Techcity 42 & 43 LLC
—
Deed Of Trust
related
$2,999,999 · Greater Hudson Bank NA
Jun 2, 2010
—
Techcity 42 & 43 LLC
Ulster Business Complex LLC
Grant Deed
related
—
—
—
Tech City 42 & 43 LLC
—
Loan Modification
related
$2,999,999 · Greater Hudson Bank NA
—
—
Techcity 42 & 43 LLC
—
Loan Modification
related
$7,000,000 · Greater Hudson Bk NA
—
—
Techcity 42 & 43 LLC
—
Deed Of Trust
related
$2,999,999 · Greater Hudson Bank NA
—
—
Techcity 42 & 43 LLC|techcity 52 LLC
—
Deed Of Trust
related
$1,375,274 · Greater Hudson Bk NA
—
—
Techcity 42 & 43 LLC
—
Loan Modification
related
$7,000,000 · Greater Hudson Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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