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    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    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
    2015
    Zoning & alternative use
    O-2 · Kingston, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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