65 Broadway
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65 Broadway
3,955 SF 100% Leased Retail Building Kingston, NY 12401 $998,000 ($252/SF)
Investment Highlights
- Downtown Corner Location
- Adjacent parcel available for parking or development in a prime main street location.
- Heritage Investment Property with Historic Details
Executive Summary
Welcome. Iconic 1885 Italianate mixed-use building in the heart of the Historic Rondout District in Kingston, NY. Three-unit, stately and stand-alone. Corner commercial storefront plus two residential units centered in the vibrant downtown neighborhood offering coveted walkability and access to shops, restaurants and the waterfront. The adjacent parcel at 67 Broadway is available for purchase (in tandem), providing off-street parking or a rare opportunity to develop in a premier main street location.
65 Broadway is currently occupied long-term by one of the Hudson Valley's most finely curated wine shops. Above, two light-filled loft-like 2-bedroom apartments, graced by tall ceilings (9.5' - 10'5). Unit 2 is vacant while unit 3 is currently rented. Each floor is metered separately for gas and electric. A golden opportunity to acquire a heritage investment property. Period details include: Original wood floors, pocket doors, elegant bannisters, windows retaining historic wood sash with segmental arch brick headers, and historic cast iron storefront pilasters from the Rondout Iron works.
65 Broadway is currently occupied long-term by one of the Hudson Valley's most finely curated wine shops. Above, two light-filled loft-like 2-bedroom apartments, graced by tall ceilings (9.5' - 10'5). Unit 2 is vacant while unit 3 is currently rented. Each floor is metered separately for gas and electric. A golden opportunity to acquire a heritage investment property. Period details include: Original wood floors, pocket doors, elegant bannisters, windows retaining historic wood sash with segmental arch brick headers, and historic cast iron storefront pilasters from the Rondout Iron works.
Data Room Click Here to Access
- Operating and Financials
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,955 SF
Building Class
C
Year Built
1885
Price
$998,000
Price Per SF
$252
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
T5- Main St - Main St Commercial
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Smoke Detector
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 0800-056.043-0004-026.000-0000 | Improvements Assessment | $283,000 |
| Land Assessment | $13,000 | Total Assessment | $296,000 |
PROPERTY TAXES
Parcel Number
0800-056.043-0004-026.000-0000
Land Assessment
$13,000
Improvements Assessment
$283,000
Total Assessment
$296,000
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65 Broadway
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