Commercial in Ulster County
| MLS Number | 1058363 |
|---|---|
| Address | 71 Albany Avenue, Kingston, NY 12401 show map |
| Price | $819,000 show mortgage calculator |
| Acres | 0.4229797979798 |
| Year Built | 0 |
| Est. Sq. Footage | 0 |
| Zoning | T5MS |
| Current Uses | |
| Permitted Uses |
Fully leased and income-producing, 71 Albany Avenue is a 6-unit commercial investment property in one of Kingston’s active business corridors. With all units leased, strong in-place income, and long-term upside through rent growth, this is the type of stabilized commercial asset investors look for. The approx. 5,550 SF single-level building features multiple street-level storefronts, large display windows, excellent visibility, and three Albany Avenue entrances. The layout supports a variety of retail, service, office, studio, and professional uses. Located just off Broadway and minutes from I-587 and the NYS Thruway, the property offers convenient access, approx. 20 rear parking spaces, and a commercial EV charging station. Additional features include 12' ceilings, updated LED lighting, upgraded heating/cooling with backup heat, newer rubber roof, full basement for storage/utilities, and public utilities. A strong Kingston commercial investment with current cash flow, full occupancy, and room for future rent growth. Financial summary available upon request. ChatGPT said: Absolutely — here’s a tighter, more polished version that reads like a professional commercial real-estate offering: 71 Albany Avenue — Commercial Investment Opportunity 71 Albany Avenue | Kingston, NY Fully Leased | 6-Unit Commercial Investment | Income-Producing 71 Albany Avenue presents an excellent opportunity to acquire a fully leased, income-producing 6-unit commercial property in one of Kingston’s active business corridors. With strong in-place income, 100% occupancy, and potential for future rent growth, this stabilized asset offers both immediate cash flow and long-term upside. The approximately 5,550 SF single-level building features multiple street-level storefronts, large display windows, excellent visibility, and three separate Albany Avenue entrances. Flexible configurations support a variety of retail, service, office, studio, and professional uses. Ideally positioned just off Broadway and minutes from I-587 and the NYS Thruway, the property provides convenient access for tenants, customers, and employees. The property also includes approximately 20 rear parking spaces and a commercial EV charging station. Property highlights include: Approximately 5,550 SF single-level commercial building Six fully leased commercial units Multiple street-level storefronts with large display windows Excellent street visibility and three Albany Avenue entrances Approximately 20 rear parking spaces Commercial EV charging station 12' ceilings Updated LED lighting Upgraded heating and cooling systems with backup heat Newer rubber roof Full basement for storage and utilities Public utilities Convenient access to Broadway, I-587, and the NYS Thruway 71 Albany Avenue offers investors a rare combination of full occupancy, established cash flow, flexible commercial space, and future rent-growth potential in Kingston. Financial summary available upon request. Buyer to independently verify all information, including square footage, zoning, permitted uses, parking, leases, income, expenses, and other property details.
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