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Property profile & analytics
FOR SALE
Investment properties

42 Main St Kingston, NY 12401

2,104 SF 0.09 ac lot Built 1955
Entity Owned 3-yr Hold Free & Clear
Property ID
US63-2282618
Property summary
AI-generated overview

This exceptional mixed-use building presents a compelling investment opportunity in Kingston, NY's vibrant Stockade District. Located at 42 Main Street, this three-story property offers 3,222 square feet of versatile office space, perfectly suited for a variety of business configurations. The thoughtfully designed layout includes multiple offices and bathrooms spread across all three floors, providing ample space for individual work areas, collaborative spaces, or a combination thereof. The building's T5MS zoning (Main Street Mixed Use) allows for a range of potential uses, maximizing its investment potential. Adding to its appeal is the inclusion of nine on-site parking spots, a significant advantage in a bustling uptown location. Situated on a 0.07-acre lot, this property benefits from its prime location within the desirable Stockade District, offering excellent visibility and accessibility. The building's strong structural integrity and well-maintained condition further enhance its value proposition. This is a rare opportunity to acquire a high-quality commercial property in a thriving uptown Kingston location, offering both immediate income potential and long-term growth prospects. The combination of size, location, and parking makes this an attractive investment for both owner-occupiers and investors seeking a strong return. Don't miss this chance to secure a piece of Kingston's thriving commercial landscape. The asking price is $725,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1955
Total area 2,104 SF
Lot 0.09 ac (3,710 SF)
Zoning code O-2
APN 510800 48.331-6-18
UPID US63-2282618
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
  • Quilty Dwyer & Larkin Insurance Agency Insurance Agency
  • Lawrence Quilty Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Clogheen Properties LLC · 3 yrs held
Clogheen Properties LLC
since 2022
Last sale
$112,500
2 recorded transactions
2022
Price N/A
2015
Price N/A
Zoning & alternative use
O-2 · Kingston, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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