Active
261 FAIR Street
KINGSTON NY, 12401
$1,050,000
$261.85 per sqft
Active
4,010 sqft
Commercial
Built in 1955
MIXED USE BUILDING IN UPTOWN KINGSTON. FIRST FLOOR OFFICE SPACE/SUITES. SECOND FLOOR 2-1 BEDROOM APARTMENTS. THIRD FLOOR 1-1 BEDROOM APARTMENT. FIRST FLOOR OFFICE SPACE ALL RENOVATED. SECOND FLOOR INCLUDES CONVERTED AND RENOVATED OFFICE SPACE TO 2 SEPARATE ONE BEDROOM APARTMENTS. OWNER PAYS FOR HEAT, HOT WATER, WATER/SEWER AND ELECTRIC ON FIRST FLOOR. TENANTS PAY CABLE. SECOND FLOOR AND THIRD FLOOR OWNER PAYS FOR HEAT, HOT WATER, AND WATER/SEWER. TENANTS PAY FOR ELECTRIC AND CABLE. APARTMENT TENANTS ON ONE YEAR LEASES. THE ANNUAL INCOME ESTIMATE IS $96,120 - 4,806 (5% VACANCY) = $91,314.
20233239
MLSⓇ ID
November 3, 2023
Listed
March 22, 2024
Updated
Map
261 FAIR Street
KINGSTON NY, 12401
Interior Features
Total Stories
0
Floor Description
MIXED
Fireplace
No
Cooling
Yes
Cooling Description
WALL UNIT
Heating
Yes
Heating Description
HOT WATER
Exterior/Building Features
Lot Size
0.04 Acres
Other Property Details
Area Name
KINGSTON,CITY
Taxes
$14,333
Tax Frequency
Annually
Days on Market
87
Garage
No
View
No
County
Ulster County
Municipality
City of Kingston
Water Source
MUNICIPAL
Pool
No
Waterfront
Yes
Zoning
O-2, LIMITED OF
Courtesy of Postupack Valuation Inc,
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Data last updated 12:18 AM UTC, 3/22/2024