71 Albany Avenue, Kingston, NY 12401
Ulster County
Key Facts
Description
6-unit mixed-use investment opportunity in the growing Kingston market offering strong in-place income with value-add potential. The property is currently mostly leased with one vacant unit, providing immediate opportunity for additional income or possible owner-user occupancy. This ±5,550 SF single-level building features multiple street-level storefronts with large display windows, excellent visibility, and three Albany Avenue entrances. The layout supports a mix of retail and service-based tenants. Located just off Broadway and minutes to the NYS Thruway (I-587), the property benefits from steady traffic and convenient access. The rear of the building includes approximately 20 on-site parking spaces along with a commercial EV charging station. Additional features include high ceilings (12'), updated LED lighting, upgraded heating and cooling systems with backup heat, a newer rubber roof, and a full basement for storage and utilities. Ideal for investors seeking stable cash flow with upside through lease-up and rent growth in an improving area. Buyer to verify all information. If you are looking for a turnkey investment in a high traffic up and coming area minutes to the thruway and just off Broadway 71 Albany Ave is right for you.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1952
Stories
1
Living Area
7,731 sq ft
Lot Size
0.42 acres
Parking Spaces
20
Days on Market
35
MLS® Listing#
978694
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$20,593
Assessed Value
$343,000
Parcel Number
0800-048.080-0001-008.000-0000
Directions
Circle of Broadway and Albany Ave
Affordability Calculator
$167,980
Estimated monthly payment
$4,470/mo
Principal $671,920 · Est. interest $937,388 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kingston, NY
- $477,273
- Median Listing Price
- 45
- Median Days on Market
- 1,750
- Median Sq Ft
- $293
- Median Price / Sq Ft
- 65
- Active Listings
- This home’s price is 76% above the area median.
- Its price per sq ft is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kingston, NY.
Location
Points of Interest in Kingston, NY
Showing the Kingston area map.
Nearby Schools
Winter Bear Montessori School
Elementary · 0.1 mi away
Fair Street Nursery School
School · 0.3 mi away
St Joseph's School
School · 0.3 mi away
George Washington Elementary School
Elementary · 0.5 mi away
Kingston High School
Secondary · 0.9 mi away
Kingston City School District
School · 1.0 mi away
Frank L Meagher School
School · 1.0 mi away
J Watson Bailey Middle School
Secondary · 1.0 mi away
Harry L Edson Elementary School
Elementary · 1.1 mi away
Good Shepherd School
School · 1.2 mi away
Little Red School House
School · 1.3 mi away
Montessori School
Elementary · 1.4 mi away
Kingston Catholic School
School · 1.4 mi away
Aunt Jenn's Early Learning Center
School · 1.7 mi away
John F Kennedy Elementary School
Elementary · 1.8 mi away
Chambers Elementary School
Elementary · 1.9 mi away
Kristen Centers
School · 2.2 mi away
Ernest E Meyer School
Elementary · 2.7 mi away
Hurley Nursery School
School · 2.8 mi away
Robert Graves Elementary School
Elementary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 458 Lucas Avenue, Kingston, NY | $595,000 | — | — | — |
| 5 Virginia Drive, Kingston, NY | $599,000 | 3 | 3 | 1,920 |
| 133 Pearl Street, Kingston, NY | $619,000 | 3 | 2 | 1,488 |
| 696 Sawkill Road, Kingston, NY | $629,000 | 5 | 3 | — |
| 630 Ashokan Road, Kingston, NY | $649,000 | 3 | 2 | 1,792 |
| 588 Linderman Avenue Extension, Kingston, NY | $649,900 | 3 | 2 | 2,320 |
Moving Cost Estimate
EXIT Agents in Kingston
Listing Courtesy: BHHS Hudson Valley Properties - 8454731650
Presented by: Karla Rauch
Fair Housing Notice