501-507 & 515 Albany Avenue, Kingston, NY 12401 (MLS# 20190998)
$875,000
Kingston, NY 12401
MLS# 20190998
Status: Closed
10589 sqft
1 / 22
Property Description
For Sale or For Lease, (Asking lease amount is $10,000 a month triple net), high traffic location on busy Albany Ave in Kingston (23,294 vehicles per day), the major shopping and business district of the County. Property is being sold with two-lots measuring a combined size of +/- 215 feet of road frontage and +/- 160 feet deep. Building offers a total of 10,589 square feet with 4,100+ feet of retail and office space and other 6,300+ feet of warehouse/storage space with 3-phase power. New showroom with offices, parts department counter with parts warehouse has roll top delivery door. Back service area measures 4,896 square feet, 15 foot ceiling with 4 overhead doors measuring 12 & 14 feet. The building has the potential to be split into 2-3 separate rental areas. The two tax parcels being offered for sale are SBL# 48.270-5-6 .41 of an acre (116X157), the adjacent vacant lot SBL# 48.270-5-7 .37 of an acre (100X163), parking on the combined for 100+ vehicles. There is an additional adjacent commercial building next door that is also For Sale, building is 1,800 square feet with 3 overhead doors and office area, SBL# 48.270-5-8 .37 of an acre (103X160) asking price $595,000 please see MLS#
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Begnal Realty Corp
Owner Phone: Call LR
Occupant Name: Vacant
Occupant Phone: Call LA
Current Price: $875,000
Original List Price: 995000
Sold Price: $875,000
Status: Closed
Listing Contract Date: 2019-03-27
Property Sub Type: Mixed Use
Location, Tax, and Legal
Township: City of Kingston
General Tax: 14737
School Tax: 22711
Tax Assessed Value: 718000
Tax Legal Description: 6/7,5,501-507 & 515 Albany Avenue
Tax Lot: 6/7
Tax Block: 5
Zoning: C-3
Directions: From Kingston Traffic Circle, Take 2nd Exit Col. Chandler Drive to the end, Make Left at Light on Albany Ave and property is approximately 1 mile on the Left before Quik Check gas station
General Property Information
Number Of Units Total: 1
Lot Size Acres: 0.79
Lot Size Dimensions: 34,512 SF
Accessibility Features YN: Yes
Sign On Property YN: Yes
List Price/SqFt: 93.97
Sold Price/SqFt: 82.63
Living Area: 10589
Year Built: 1947
Remarks and Miscellaneous
Public Remarks: For Sale or For Lease, (Asking lease amount is $10,000 a month triple net), high traffic location on busy Albany Ave in Kingston (23,294 vehicles per day), the major shopping and business district of the County. Property is being sold with two-lots measuring a combined size of +/- 215 feet of road frontage and +/- 160 feet deep. Building offers a total of 10,589 square feet with 4,100+ feet of retail and office space and other 6,300+ feet of warehouse/storage space with 3-phase power. New showroom with offices, parts department counter with parts warehouse has roll top delivery door. Back service area measures 4,896 square feet, 15 foot ceiling with 4 overhead doors measuring 12 & 14 feet. The building has the potential to be split into 2-3 separate rental areas. The two tax parcels being offered for sale are SBL# 48.270-5-6 .41 of an acre (116X157), the adjacent vacant lot SBL# 48.270-5-7 .37 of an acre (100X163), parking on the combined for 100+ vehicles. There is an additional adjacent commercial building next door that is also For Sale, building is 1,800 square feet with 3 overhead doors and office area, SBL# 48.270-5-8 .37 of an acre (103X160) asking price $595,000 please see MLS#
Status Change Information
Status Change Timestamp: 2020-05-06
Buyer Financing: Other
Concessions Amount: 0
Major Change Timestamp: 2020-05-06T18:24:42Z
Major Change Type: Status Change
Purchase Contract Date: 2019-08-19
Close Date: 2020-05-06
Close Price: 875000
Appliances
Electric Water Heater: 1
Gas Water Heater: 1
Water Heater: 1
Basement
None: 1
Book Information
Liber/Book: 1516
Page: 1031
Section: 48.270
Construction Materials
Brick: 1
Frame: 1
Stone: 1
Cooling
Central Air: 1
Other: 1
Electric
Three Phase: 1
Flooring
Other: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Forced Air: 1
Natural Gas: 1
Oil: 1
Listing Terms
Private Financing Available: 1
Lot Features
City Lot: 1
Corner Lot: 1
Level: 1
Other: 1
See Remarks: 1
Other Structures
Second Garage: 1
Other: 1
See Remarks: 1
Road Frontage Type
Highway: 1
Other: 1
Road Surface Type
Paved: 1
Security Features
Fire Alarm: 1
Security Lights: 1
Security System: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Owner Pays
Management: 1
Tenant Pays
All Utilities: 1
Building Features
Electric Overhead Doors: 1
Employee Lounge: 1
Office SqFt: 4184
Private Restroom(s): 1
Public Restroom(s): 1
Signs Owned: 1
Storage: 1
Warehouse SqFt: 6390
Window Display: 1
Number of Overhead Doors: 5
Ceiling Height: 15
Doors Over 10 Ft: 1
Doors 10-15 Ft: 1
Business Type
Auto Service: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Listing Agent Must Accompany: 1
Sale Includes
Building: 1
Fixture(s): 1
Land: 1
Showing Information
Showing Instructions: Showing Tme
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: DRIVEWAY,LOT-PAVED,OFF STREET,OTHER/SEE REMARKS,Parking Spaces 20+, Age: 61-100, Electricity: On-site, Lot Features: Additional Land Available, Terms: To Qual. Buyer
Location Tax and Legal
Street Number: 501-507 & 515
Street Name: Albany
Street Suffix: Avenue
County: Ulster
State: NY
Zip Code: 12401
Town (Taxable): Kingston,City
Property Features
Appliances: Electric Water Heater; Gas Water Heater; Water Heater
Basement: None
Building Features: Private Restroom(s); Electric Overhead Doors; Employee Lounge; Public Restroom(s); Signs Owned; Storage; Doors Over 10 Ft; Doors 10-15 Ft
Business Type: Auto Service
Construction Materials: Brick; Frame; Stone
Cooling: Central Air; Other
Electric: Three Phase
Flooring: Other
Foundation Details: Slab
Heating: Electric; Forced Air; Natural Gas; Oil
Listing Terms: Private Financing Available
Lot Features: City Lot; Corner Lot; Level; Other; See Remarks
Other Structures: Second Garage; Other; See Remarks
Owner Pays: Management
Road Frontage Type: Highway; Other
Road Surface Type: Paved
Security Features: Fire Alarm; Security Lights; Security System; Smoke Detector(s)
Sewer: Public Sewer
Tenant Pays: All Utilities
Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany
Sale Includes: Building; Fixture(s); Land
Listing Courtesy of Win Morrison Realty-K
Listing Agent: Gregory Berardi