This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
219-225 Newkirk St
Kingston, NY 12401
219 Newkirk Street · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,640 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1920 |
| Lot Size | 0.46 AC | ||
| Zoning | 33 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 3,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | 33 |
ABOUT 219-225 NEWKIRK ST , KINGSTON, NY 12401
Originally constructed in 1850, years of history still remain in the East Kingston School House that is now a fully occupied brick 4 family unit (converted in 1974). This 4 unit has off street parking, big back yard, separate gas and electric meters. Additional upgrades include a new roof in 2010, new septic system and hot water heaters in 2013, and new windows in 2015. Long term tenants. Tenants pay all utilities. Cap rate 9% at asking price. Located off Route 32, right at East Kingston sign onto Main street. Take right on Brigham street then left to Newkirk. Close proximity to retail shopping district. 3 miles from Downtown water front. Below market rents NOI reflects 5% vacancy credit, 5% repair and maintenance, along with common area lights, water/sewer, garbage.
PROPERTY TAXES
| Parcel Number | 5400-048.052-0002-007.000-0000 | Improvements Assessment | $99,000 |
| Land Assessment | $26,700 | Total Assessment | $125,700 |
PROPERTY TAXES
