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Serving Buyers & Sellers in Columbia County, NY

56 Emerson Street, Kingston, NY 12401 (MLS# 20252713)


$945,900
56 Emerson Street
Kingston, NY 12401
MLS# 20252713
1 baths  |  3403 sqft


terri's
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Property Description
A Once-in-a-Lifetime Opportunity to Own the Only Commercial Property in One of Uptown Kingston's Most Desirable Neighborhoods — Home to the Hudson Valley's #1 Deli of 2025 For the first time in nearly a decade—and only the second time since its founding in 1971—Terri's Deli and Market, an iconic local institution and the Chronogrammie winner for Best Deli in the Hudson Valley, is being offered for sale. Tucked within an upscale, densely populated residential enclave, Terri's holds the unique distinction of being the only commercial property in the neighborhood, with grandfathered zoning that ensures long-term exclusivity and security. This is not just a business—it's a cornerstone of the community, with generations of loyal patrons and a reputation built on fresh, house-made favorites and exceptional service. Over the past seven years, the current owners have thoughtfully revitalized the operation, blending time-honored tradition with modern efficiency. Significant investments have been made in systems, kitchen and equipment upgrades, and strategy—including a successful expansion into catering and delivery services. The result: a streamlined, profitable turnkey operation poised for continued growth. Whether you're an experienced operator or an ambitious entrepreneur, this is your chance to own a high-performing, legacy business with a loyal following, proven profitability, and unmatched location. Don't miss this unparalleled opportunity to write the next chapter of a local legend.

Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: Kovacs & Co LLC
Lease Considered YN: No
Current Price: $945,900
Original List Price: 945900
List Price: $945,900
Status: Active
Listing Contract Date: 2025-07-02
Property Sub Type: Business
Location, Tax, and Legal
911 Address: 56 Emerson St. Kingtston
Neighborhood: Uptown
General Tax: 6126
School Tax: 10546
Tax Annual Amount: 16692
Assessors Full Market Value: 634043
Tax Assessed Value: 298000
Parcel Number: 56.90-6-33
Tax Lot: 33
Tax Block: 6
Tax Exemptions YN: No
Zoning: T4 Neighborhood
Zoning Description: Allows range of commercial and res uses. Refer to City of Kingston Zoning descriptions.
Directions: From NY Thruway exit 19, take traffic circle to Washington Ave. Turn right on Lucas Ave, then left on Emerson. Property is on left between Main St. and Janet St.
General Property Information
Number Of Units Total: 1
Lot Size Acres: 0.09
Frontage Length: 46 feet
Sign On Property YN: No
List Price/SqFt: 277.96
Bathrooms Total: 1
Living Area: 3403
Year Built: 1940
Remarks and Miscellaneous
Public Remarks: A Once-in-a-Lifetime Opportunity to Own the Only Commercial Property in One of Uptown Kingston's Most Desirable Neighborhoods — Home to the Hudson Valley's #1 Deli of 2025 For the first time in nearly a decade—and only the second time since its founding in 1971—Terri's Deli and Market, an iconic local institution and the Chronogrammie winner for Best Deli in the Hudson Valley, is being offered for sale. Tucked within an upscale, densely populated residential enclave, Terri's holds the unique distinction of being the only commercial property in the neighborhood, with grandfathered zoning that ensures long-term exclusivity and security. This is not just a business—it's a cornerstone of the community, with generations of loyal patrons and a reputation built on fresh, house-made favorites and exceptional service. Over the past seven years, the current owners have thoughtfully revitalized the operation, blending time-honored tradition with modern efficiency. Significant investments have been made in systems, kitchen and equipment upgrades, and strategy—including a successful expansion into catering and delivery services. The result: a streamlined, profitable turnkey operation poised for continued growth. Whether you're an experienced operator or an ambitious entrepreneur, this is your chance to own a high-performing, legacy business with a loyal following, proven profitability, and unmatched location. Don't miss this unparalleled opportunity to write the next chapter of a local legend.
Inclusions: The sale includes the land, building, business and inventory.
Status Change Information
Status Change Timestamp: 2025-07-03
Major Change Timestamp: 2025-07-03T15:22:58Z
Major Change Type: New Listing
Appliances
Built-In Freezer: 1
Built-In Refrigerator: 1
Cooktop: 1
Gas Range: 1
Indoor Grill: 1
Microwave: 1
Range Hood: 1
Vented Exhaust Fan: 1
Other: 1
Book Information
Liber/Book: 6456
Page: 240
Section: 56.90
Construction Materials
Block: 1
Stone: 1
Wood Siding: 1
Cooling
Central Air: 1
Flooring
Concrete: 1
Linoleum: 1
Wood: 1
Other: 1
Foundation Details
Block: 1
Stone: 1
Frontage Type
Frontage Length: 48'
Heating
Central: 1
Natural Gas: 1
Lot Features
City Lot: 1
Level: 1
Paved: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Roof
Shingle: 1
Security Features
24 Hour Security: 1
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Security System: 1
Sewer
Public Sewer: 1
Showing Considerations
See Remarks: 1
Structure Type
Retail: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Income and Expenses
Financials Available Y/N: Yes
Cap Rate: 10.5
Current Use
Commercial: 1
Retail: 1
Building Features
Kitchen Facilities: 1
Private Restroom(s): 1
Signs Owned: 1
Business Type
Convenience Store: 1
Deli/Catering: 1
Grocery: 1
Showing Requirements
Appointment Only: 1
No Sign: 1
Text Listing Agent: 1
Sale Includes
Building: 1
Equipment: 1
Fixture(s): 1
Land: 1
Showing Information
Showing Attended YN: Yes
Location Tax and Legal
Street Number: 56
Street Name: Emerson
Street Suffix: Street
County: Ulster
State: NY
Zip Code: 12401
Town (Taxable): Kingston,City
Property Features
Appliances: Built-In Freezer; Built-In Refrigerator; Cooktop; Gas Range; Indoor Grill; Microwave; Range Hood; Vented Exhaust Fan; Other
Building Features: Private Restroom(s); Kitchen Facilities; Signs Owned
Business Type: Convenience Store; Deli/Catering; Grocery
Construction Materials: Block; Stone; Wood Siding
Cooling: Central Air
Current Use: Commercial; Retail
Flooring: Concrete; Linoleum; Wood; Other
Foundation Details: Block; Stone
Heating: Central; Natural Gas
Lot Features: City Lot; Level; Paved
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Shingle
Security Features: 24 Hour Security; Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System; Security System
Sewer: Public Sewer
Showing Considerations: See Remarks
Structure Type: Retail
Utilities: Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Showing Requirements: Appointment Only; No Sign; Text Listing Agent
Sale Includes: Building; Equipment; Fixture(s); Land

Listing Courtesy of Four Seasons Sotheby's Int'l-K
Listing Agent: Christina Ahouse

Information deemed reliable but not guaranteed.