Technical
Financial
Distress signals
Property profile

27 Main St Kingston, NY 12401

OFF-MARKET
Banks
Property ID
US63-3563199
8,663 SF 0.3 ac lot Built 1970
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is located in Uptown Kingston’s historic Old Stockade Business District, adjacent to Ulster County government offices and within walking distance of the County Courthouse. It comprises three contiguous tax parcels totaling approximately 0.53 acres, including a flagship two-story commercial building at 27 Main Street with about 8,663 square feet. The building was constructed in 1843 using limestone and brick and retains historic features such as soaring ceilings, grand columns, and original banking elements, including a vault on the first floor and in the basement. Recorded improvements include a renovation in 2010 and a roof replacement in 2022. The first floor contains space historically used as bank premises and is served by separately metered utilities; the second floor is configured for office use and was previously owner-occupied, and is described as deliverable vacant. The offering also includes two additional parcels at 264–266 Fair Street totaling about 0.23 acres, improved with a private parking lot configured for 32 spaces, including 7 deeded exclusive-use spaces and 20 shared spaces, with an additional 12 income-producing spaces. The parking area supports parking-related revenue potential and/or redevelopment possibilities, subject to applicable zoning and approvals.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Total area 8,663 SF
Lot 0.3 ac (12,852 SF)
Zoning code C-2
APN 510800 48.331-4-16
UPID US63-3563199

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
  • Bank Loan Service
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

27 Main St Kingston, NY 12401-4054
Kingston metro Census 952400 KINGSTON, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-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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