71 Albany Avenue, Kingston, NY 12401 | MLS #20261343 | HUNT Real Estate
 
  • 88 days on site
  • 1 views

Investor-ready and income-producing, this 5,550 sq. ft. commercial building in the thriving city of Kingston, NY offers a rare opportunity to acquire a fully leased asset with strong financials and modern amenities. At the west end of the historic district and minutes to the Kingston exit of the NYS Thruway, this is a win win. This single level building, currently configured at 6 individual units all on street level offers 3 Albany Avenue entrances. The first entrance opens to the main foyer, with access to 4 varied businesses. There are 2 additional private store fronts on Albany Ave. All three of the entrances have large retail windows, giving the tenants great advertising opportunity to the folks passing by. The back of the building opens to 20 designated parking spaces and a commercial grade EV charging station for tenants as well as their clients. Full basement offers storage and utilities. Highlights include 12-foot ceilings and brand-new LED lighting, upgraded heating and cooling systems with backup heating. Newer rubber roof, new wall to wall carpet in the public hall-ways. ATM on site are available for tenants and their clients. If you are looking for a turnkey investment in a high traffic up and coming area minutes to the thruway and just off Broadway 71 Albany Ave is right for you.

Source: Hudson Valley Catskill Regional MLS, MLS#: 20261343

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  • Property Type
    Commercial Sale
  • Lot
    0.42 acres

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  • Median Age
    40
  • Population Density
    582
  • College Educated
    37%
  • Estimated Median Income
    $57,830
  • Estimated Total Home Owners
    7,696
  • Estimated Total Renters
    6,573
  • Owner / Renter Divide
    54% / 46%
  • Estimated Average Household Size
    2
  • Total Population
    34,800
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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