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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Warehouses
2 Prospect St, Kingston, NY 12401-5430
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-2703956
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
70,268 SF
Lot
3 ac (130,680 SF)
Zoning code
O-2
APN
510800 56.33-2-20.100
UPID
US63-2703956
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
-
The Metro Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.79M
Blend (final)
Blend
$2.14M
Owner & transaction history
2 Prospect Kc LLC · 4 yrs held
2 Prospect Kc LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
O-2 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,210,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±10% · vs last sale $2.00M (May 6 2022)
Last sale anchor
$2.00M
May 6 2022
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
$30 / 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
$592,000
Assessed 2023
Previous assessed
$592,000
+0.0% YoY
Assessed land
$204,000
Assessed improvement
$388,000
Land market value
$334,426
Improvement market value
$636,066
Total market value
$970,492
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
NONE
Cooling
PARTIAL
Stories
1
Total area
70,268 SF
Lot
3 ac (130,680 SF)
Zoning code
O-2
APN
510800 56.33-2-20.100
UPID
US63-2703956
Jurisdiction
ULSTER
Zoning & alternative use
O-2 · Kingston, NY
Zoning O-2 · permitted uses
O-2 · 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.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Cooling
Yes
Stories
1
Lot
3 ac
Current owner
From public records · entity-resolved
2 Prospect Kc LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 3971, KINGSTON, NY 12402-3971
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
$2,000,000
2 Prospect Kc LLC
Prospect&green LLC
Warranty Deed
—
Dec 28, 2017
$1,995
Prospect & Green LLC
Rupco INC
Grant Deed
related
—
Jul 11, 2017
—
Rupco INC
Steintex LLC
Grant Deed
related
$1,900,000 · Leviticus 2523 Alternative Fun
Jan 23, 2017
—
Steintex LLC
—
Deed
related
$250,000 · Dynasty Investments LLC
Nov 22, 2004
$550,000
Steintex LLC
Et Ventures Ltd
Grant Deed
$325,000 · General Elec Cap
Mar 27, 2001
$345,000
E T Ventures Ltd
Metropolitan Life Insurance
Quit Claim Deed
related
$310,500 · Barry & Lisa Tenenbaum
—
—
Steintex LLC
—
Deed Of Trust
related
$250,000 · Dynasty Investments LLC
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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