456 Albany Ave Kingston, NY 12401-2139
Property profile & analytics
456 Albany Ave Kingston, NY 12401-2139
- Specialty properties
- 5,163 SF
- 0.54 lot acres
Property ID
US63-2024912
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bixby Peter DVM / Veterinary Clinic
- Kingston Animal Hospital / Veterinary Clinic
- Dr. Beth Alden / Veterinary Clinic
- Dr. Arnold Rugg / Veterinary Clinic
Property Details for 456 Albany Ave
- Year built
- 1930
- Lot size
- 0.54 lot acres
- Property size
- 5,163 SF
- Zone code
- C-3
- Property type
- Specialty properties
- APN
- 510800 48.74-1-47
- APU
- 5108004874147
Description
This Kingston, NY, fee-simple property offers a compelling investment opportunity in a thriving medical office sector. The portfolio consists of three buildings totaling 8,926 net rentable square feet, currently 100% occupied by Veterinary Innovative Partners under a 10-year absolute NNN lease (expiring 06/29/2031) with a corporate guarantee. The lease features a remaining term of approximately 6.6 years and includes a 5-year option with 2% annual rent bumps. Built in 1930, the property sits on a 1.09-acre lot and boasts a strong NOI of $185,946, resulting in a 9.50% cap rate and a price per square foot of $219.28. The asking price is $1,957,326. The investment is further strengthened by the consistent growth and recession-resistant nature of the veterinary services market, projected to experience significant expansion in the coming years. This portfolio presents a rare opportunity to acquire a stable, high-yielding asset with significant long-term potential in a prime location. The property's strong tenant, Veterinary Innovative Partners, provides additional security and confidence in the investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Ulster
- State
- New York
- Longitude
- -73.9994
- Latitude
- 41.9409
- CBSA code
- 28740
- CBSA name
- KINGSTON, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$175,000
$257,000
$432,000
-
$286,885
$421,312
$708,197
