115 Green Street, Kingston, NY 12401 (MLS# 20202626)
$1,450,000
Kingston, NY 12401
MLS# 20202626
Status: Closed
14482 sqft
1 / 3
Property Description
The perfect office building with ample parking located in Uptown Kingston. 8 tenants occupy various spaces within the building. This creates an approximate revenue stream of $60,000.00 annually. In addition to this, the Law firm occupying the majority of the street level will remain and lease back a portion of space. if this is not desired, they will vacate all together. Come own part of the revival of Uptown Kingston!
Details
Contract Information
Current Price: $1,450,000
Original List Price: 1795000
Sold Price: $1,450,000
Status: Closed
Listing Contract Date: 2020-07-13
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Owner Name: 115 Green Street LLC
Owner Phone: C/O LR
General Property Information
Living Area: 14482
Year Built: 1922
Lot Size Acres: 0.43
Lot Size Dimensions: 60 X 317
Sign On Property YN: No
List Price/SqFt: 123.95
Sold Price/SqFt: 100.12
Remarks and Miscellaneous
Public Remarks: The perfect office building with ample parking located in Uptown Kingston. 8 tenants occupy various spaces within the building. This creates an approximate revenue stream of $60,000.00 annually. In addition to this, the Law firm occupying the majority of the street level will remain and lease back a portion of space. if this is not desired, they will vacate all together. Come own part of the revival of Uptown Kingston!
Status Change Information
Major Change Timestamp: 2021-12-03T19:23:52Z
Major Change Type: Status Change
Status Change Timestamp: 2021-12-03
Purchase Contract Date: 2021-07-08
Close Date: 2021-12-03
Close Price: 1450000
Buyer Financing: Other
Book Information
Liber/Book: 4812
Page: 95
Section: 48.330
Income and Expenses
Financials Available Y/N: No
Electric Expense: 5466
Fuel Expense: 11953
Gross Income: 10580
Gross Scheduled Income: 126957
Insurance Expense: 5426
Manager Expense: 5000
Net Operating Income: 48397
New Taxes Expense: 36620
Other Expense: 11500
Supplies Expense: 1795
Total Annual Expenses: 78560
Water Expense: 800
Building Features
Number of Overhead Doors: 3
Ceiling Height: 10
Office SqFt: 11500
Showing Information
Showing Instructions: Call LR
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: LOT-PAVED,Parking Spaces 20+, Age: 61-100
Location Tax and Legal
Street Number: 115
Street Name: Green
Street Suffix: Street
County: Ulster
State: NY
Zip Code: 12401
Town (Taxable): Kingston,City
Property Features
Business Type: Professional/Office
Construction Materials: Brick; Frame; Stone
Cooling: Central Air
Electric: 200+ Amp Service
Flooring: Carpet
Heating: Forced Air; Natural Gas
Lot Features: City Lot
Owner Pays: All Utilities
Sewer: Public Sewer
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Listing Courtesy of SVN Deegan-Collins Commercial
Listing Agent: Joseph Deegan