312 Wall StKingston, NY 12401

  • Investment properties
  • 5,225 SF
For Lease
$20.88/SF/YR View listing

Property Details for 312 Wall St

Year built
1920
Lot size
0.05 AC
Property size (Sq ft)
5,225 SF
Zone code
C-2
Property type
Investment properties
Property subtype
Live-work space
APN
510800 48.331-2-11
APU
51080048331211

Description

This exceptional 5,225-square-foot retail space at 312 Wall Street in Kingston, New York, presents a unique opportunity for a discerning business. Located in the heart of Uptown Kingston's vibrant commercial district, this single-tenant property boasts prominent storefront windows, ensuring high visibility and attracting significant foot traffic. Built in 1920, the building is zoned COM 1 and offers a well-designed layout ideal for a variety of retail uses. While previously used as office space, it is adaptable for retail purposes. The property includes a full, stand-up basement providing ample storage, and a convenient back entrance facilitates efficient loading and unloading. This strategic location within the bustling Uptown Kingston area guarantees a prime setting for a thriving retail venture. The property is situated in Ulster County, New York, with the address being 312 Wall Street, Kingston, NY 12401. This is a rare opportunity to establish a business in a high-traffic area with excellent visibility and ample storage. The property's features and location combine to create an exceptional retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,297,971
    6.5%
    $1,198,127
    7%
    $1,112,546
  • Comparable approach

    Method
    Valuation
    Relative Method
    $687,287
    Geo Method
    $682,698
  • Alternative Use

    Use
    Valuation
    Residential
    $1,485,678
    Hospitality
    $1,360,873
    Educational
    $1,132,230
    Medical
    $1,171,169
    Retail
    $1,761,247
312 Wall St, Kingston, New York

Location Insight

City
Kingston
County
Ulster
State
New York
Latitude
41.9344
Longitude
-74.0196
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
-
$41,000
$350,000
$391,000
-
$67,213
$573,771
$640,984

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