458 Broadway
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458 Broadway
3,357 SF Vacant Retail Building Kingston, NY 12401 $799,000 ($238/SF)
Investment Highlights
- Newly renovated building.
- Mixed-Use Brick Building.
- Less than a mile from Walgreens and surrounding retail.
- High traffic area.
- Four minute walk to WMC Health Physicians and Nuvance Health.
Executive Summary
Don't miss this mixed-use building in Midtown Kingston, NY. A true gem in the vibrant community. Building is located steps away from City Hall and close proximity to Hospital. This prime location presents a fantastic opportunity for investors and business owners alike. The main level storefront offers an ideal space of 1,440sf for retail or a boutique business. Features a full size, dry basement for storage. High visibility along Broadway ensures steady foot traffic and exposure. Back yard can be entered either from sidewalk or back of the store. Second and third floors each feature spacious one bedroom apartments.
No expense spared on renovation, commercial space features accessible bathroom, new HVAC unit for heating and cooling, on demand hot water heater, upgraded plumbing and electric. Both apartments feature new hardwood floors, new bathrooms, split AC/ Heat units, custom kitchen cabinets with marble counter tops and stainless steel appliances. The entire building is vacant. Perfect building for investment located in prime location in Kingston, NY.
No expense spared on renovation, commercial space features accessible bathroom, new HVAC unit for heating and cooling, on demand hot water heater, upgraded plumbing and electric. Both apartments feature new hardwood floors, new bathrooms, split AC/ Heat units, custom kitchen cabinets with marble counter tops and stainless steel appliances. The entire building is vacant. Perfect building for investment located in prime location in Kingston, NY.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,357 SF
Building Class
B
Year Built/Renovated
1960/2019
Price
$799,000
Price Per SF
$238
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.28
Lot Size
0.06 AC
Zoning
C-2 - Commercial
Frontage
29 FT on Broadway
Amenities
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Very Walkable (82)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
15,264
35,532
48,373
57,269
2029 Population
15,156
35,297
48,124
56,874
2024-2029 Projected Population Growth
-0.7%
-0.7%
-0.5%
-0.7%
Median Age
39.3
43.0
44.9
44.4
College Degree + Higher
22%
27%
30%
17%
Daytime Employees
8,389
26,714
36,788
38,117
Total Businesses
1,230
3,048
4,133
4,360
Average Household Income
$89,606
$95,823
$100,179
$101,164
Median Household Income
$62,858
$68,593
$73,081
$74,501
Total Consumer Spending
$176M
$456.1M
$638.5M
$763.5M
2024 Households
6,291
15,344
20,685
24,281
Average Home Value
$282,837
$308,055
$335,053
$326,640
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0800-056.026-0009-025.000-0000 | Total Assessment | $227,000 |
| Land Assessment | $17,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $210,000 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0800-056.026-0009-025.000-0000
Land Assessment
$17,000
Improvements Assessment
$210,000
Total Assessment
$227,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Presented by
Arthur Naz
458 Broadway
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