Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    56 Emerson St Kingston, NY 12401
    Back to Search
    Property profile & analytics

    56 Emerson St, Kingston, NY 12401

    View on Map
    • Gas stations
    • 3,403 SF
    • 0.09 lot acres
    For Sale
    $899,000
    View Listing →
    Iconic Deli and Market Opportunity For Sale
    $899,000
    0.09 Acres

    Iconic Deli and Market Opportunity

    Turnkey deli and market with loyal following and proven profitability.

    56 Emerson Street, Kingston, NY 12401
    View Listing
    Property ID
    US63-3979927
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Terri's Market & Deli / Food Market / Restaurant
    • LibertyX Bitcoin ATM / Atm

    Property Details for 56 Emerson St

    Year built
    1950
    Lot size
    0.09 lot acres
    Zone code
    R-1
    Property type
    Gas stations
    APN
    510800 56.90-6-33
    APU
    5108005690633

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2018 $340,000 Kovacs&co LLC Vincent F Legregni Lt Deed $218k · Vincent F Legbegni

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kingston
    County
    Ulster
    State
    New York
    Longitude
    -74.0235
    Latitude
    41.9297
    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
    $78,000
    $220,000
    $298,000
    -
    $127,869
    $360,656
    $488,525

    Comparable in this City

    • Value Estimation by Request
      3,319 SF

      45 Boices Ln

      SERVICE STATION WITH FOOD MART
      45 Boices Ln, Kingston, NY 12401-1512
      View Details
    • Value Estimation by Request
      2,599 SF

      382 Flatbush Ave

      SERVICE STATION WITH FOOD MART
      382 Flatbush Ave, Kingston, NY 12401-2744
      View Details
    • Value Estimation by Request
      1,410 SF

      1146 Ulster Ave

      SERVICE STATION WITH FOOD MART
      1146 Ulster Ave, Kingston, NY 12401-8106
      View Details
    • Value Estimation by Request
      1,560 SF

      895 Ulster Ave

      SERVICE STATION WITH FOOD MART
      895 Ulster Ave, Kingston, NY 12401-1338
      View Details
    • Value Estimation by Request
      1,593 SF

      138 Cornell St

      GAS STATION
      138 Cornell St, Kingston, NY 12401-3634
      View Details
    • Value Estimation by Request
      976 SF

      46 Lucas Ave

      SERVICE STATION WITH FOOD MART
      46 Lucas Ave, Kingston, NY 12401
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,942 SF

      Kingston Commercial Building For Sale

      10,220 SF commercial building with parking and rental house.
      39 Saint James St, Kingston, NY 12401
      View Details
    • Contact for pricing
      9,580 SF

      Kingston Automotive Repair Business Opportunity

      Profitable auto repair business with real estate and income properties.
      334 Broadway, Kingston, NY 12401
      View Details
    • $725,000

      Uptown Kingston Office Building

      3,222 SF office building in the Stockade District.
      42 Main St, Kingston, NY 12401
      View Details
    • Contact for pricing
      8,663 SF

      Historic Kingston Building with Income

      Two-story commercial building with long-term tenant and development potential.
      27 Main St, Kingston, NY 12401
      View Details
    • $599,900

      Kingston Retail Property For Sale

      High-visibility Ulster Avenue location with long-term tenant in place.
      650 Ulster Ave, Kingston, NY 12401
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000 SF

      Kingston Retail Space For Rent

      Retail space available in a thriving commercial hub.
      1104 Ulster Ave, Kingston, NY 12401
      View Details
    • $1,250 /Mo
      18,240 SF

      Versatile Space in Midtown Kingston

      18,240 SF mixed-use building in the Midtown Arts District.
      104 Smith Ave, Kingston, NY 12401
      View Details
    • Contact for pricing
      12,234 SF

      Kingston Retail Space For Lease

      Retail spaces available in Kingston with high traffic counts.
      900-950 Miron Ln, Kingston, NY 12401
      View Details
    • Contact for pricing
      1,294 SF

      New Retail Space Available

      New retail space in a mixed-use complex.
      110 Cornell St, Kingston, NY 12401
      View Details
    • Contact for pricing
      2,933 SF

      Retail Space Near Route 9W

      Fully occupied strip center with access to Route 9W.
      1165 Ulster Ave, Kingston, NY 12401
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    56 Emerson St
    Kingston, NY 12401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    56 Emerson St, Kingston, NY, 12401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!