See all 30 photos

Listed by: Berardi Realty

$775,000

Est. payment - /mo

Save

2 Baths

3,876 SqFt

Active

584 Broadway Kingston, NY 12401

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

May

Sun

May

Mon

May

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,876 sqft

Price per Sqft $199

MLS Listing ID 20250771

Year Built 1924

Annual Tax Amount $12,756

Tax Year 12756

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Mixed Use

Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)

Property Description

Opportunity awaits! Solid Midtown building sits in the heart of Kingston, on one of the busiest intersections with high traffic and great visibility. The building offers a spacious retail space with a fully equipped kitchen, seating area, and restrooms on the first floor (with a current occupancy of 50 occupants. The commercial restaurant/retail space is currently vacant and being delivered just about Turn-Key for a new Restaurant/Deli/Catering etc. There is a commercial hood, range, cook-top, and a walk-in cooler and walk-in freezer in the kitchen. The Kitchen/Retail ratio is about 1/3 Kitchen and 2/3 retail with one-half bath for the retail although there is another room used for storage that could be another half bath. The building has a full basement with great storage space for a restaurant/deli/ retail tenant. The second floor has two generously sized two-bedroom, and one-bath apartments, currently occupied and rented to long-term tenants (month-to-month). Both units have newer electric hot water heaters, natural gas forced air heat, central air, and two electric services. Rubber roof is approx. 7 years old. The owner pays for water (there is a water meter for the restaurant and another meter for the apartments), and all tenants pay for their heat, hot water, and electricity. The property has municipal sewer, water, and natural gas with parking for 2-3 cars on-site, and then municipal public parking behind the building. See associated docs for county records/ permitted uses and income and expense sheet. Both apartments are rented well below market, the income and expense sheet offers current rental income and then projected market rental income.

Location

State NY

County Ulster

Area Kingston, City

Zoning T5MS

Rooms

Basement Concrete, Full, Storage Space, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile, Laminate, Other

Exterior

Roof Type Rubber

Building

Lot Description City Lot, Corner Lot

Sewer Public Sewer

Water Public

Others

Tax ID 56.25

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

GET MORE INFORMATION

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

QUICK SEARCH