40 Hurley AveKingston, NY 12401

  • Office buildings
  • 27,009 SF
For Sale
$3,300 View listing

Property Details for 40 Hurley Ave

Year built
1983
Lot size
1.40 AC
Property size (Sq ft)
27,009 SF
Zone code
O-2
Property type
Office buildings
APN
510800 48.313-1-34
APU
51080048313134

Description

This exceptional 27,000 square foot office building, located at 40 Hurley Avenue, Unit 201, Kingston, NY, presents a remarkable opportunity for medical or professional tenants. Situated on a 1.4-acre lot, this property boasts convenient access to the thruway and is within walking distance of Uptown Kingston. The building is undergoing significant renovations under new ownership, ensuring modern amenities and a refreshed environment. Suite 201, encompassing approximately 27,009 square feet, offers a versatile layout perfectly suited for a variety of professional uses. The suite includes a spacious waiting area, a dedicated secretarial area, three examining rooms, and two consulting offices. Two bathrooms are included

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,709,454
    6.5%
    $6,193,342
    7%
    $5,750,961
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,552,717
    Geo Method
    $3,528,996
  • Alternative Use

    Use
    Valuation
    Residential
    $7,679,744
    Hospitality
    $7,034,604
    Educational
    $5,852,708
    Medical
    $6,053,992
    Retail
    $9,104,213
40 Hurley Ave, Kingston, New York

Location Insight

City
Kingston
County
Ulster
State
New York
Latitude
41.9361
Longitude
-74.0275
CBSA code
28740
CBSA name
KINGSTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$276,000
$1,684,000
$1,960,000
-
$452,459
$2,760,656
$3,213,115

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