Howard Hanna Rand Realty
Listed by Howard Hanna Rand Realty
$1,350,000
666 Broadway
Details
APN 080005602500010200000000
Property Type Mixed Use, Retail
Sub Type Bar, Single Family Rental Portfolio
Square Footage 5,576
Cap Rate 5.50%
Year Built 1960
Acreage 0.070
Zoning T5MS
Mixed Use | 5.50% CAP | 5,576 SqFt
Marketing description
Positioned in the heart of Kingston's vibrant Midtown Business District, this exceptional three-story brick mixed-use building presents a rare opportunity to own a renovated, turnkey investment property along the city's bustling Broadway corridor. Ideally situated between the historic Uptown Stockade District and the Downtown Rondout Waterfront, the property benefits from outstanding visibility, steady foot traffic, and proximity to Kingston's thriving arts, dining, and cultural destinations.
The approximately 2,950-square-foot ground floor is occupied by a well-established, fully operating restaurant and bar, providing immediate income from a prominent commercial space. Above, the second and third floors feature four beautifully renovated residential apartments, all completely updated in 2020 with modern kitchens, stylish bathrooms, separate electric services, and high-efficiency natural gas heating and hot water systems, offering comfort and energy efficiency for tenants.
Additional improvements include new windows throughout the entire building, enhancing both aesthetics and efficiency. A full, clean basement provides abundant storage space for commercial or building use. Combining strong income potential, quality renovations, and an unbeatable location in one of Kingston's most dynamic commercial corridors, this is an outstanding investment opportunity for both seasoned investors and owner-operators alike.
Listing Contacts
Howard Hanna Rand Realty
Listed by Howard Hanna Rand Realty
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