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

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