Kingston, New York Commercial Real Estate Market Report

The Kingston commercial real estate market presents a diverse range of opportunities for prospective buyers, as reflected by the 1,005 active listings currently available on Commrty. All of these properties are presently listed for sale, representing the total inventory currently tracked on the platform. These 1,005 listings have all entered the market within the last 90 days. As the regional economy continues to evolve, these assets reflect the current scope of commercial and investment property availability in the area, providing a comprehensive snapshot of the local real estate landscape for those evaluating the Kingston market today. Regarding property pricing, 58 listings have disclosed their asking prices, which range from $65,000 to $2.8 million. The median asking price for these available assets stands at $449,000. Additionally, the median advertised cap rate for the market is currently 7.72%. These figures provide a baseline for investors assessing the valuation of commercial holdings in the region. Buyers should note that these pricing metrics are derived exclusively from the subset of active listings that have opted to publish financial data on our marketplace. The composition of the Kingston inventory on Commrty is heavily weighted toward residential investment, with 687 multifamily properties and 159 mixed-use buildings currently for sale. The remainder of the active listings includes 50 office properties, 37 land parcels, 35 retail locations, 15 special purpose facilities, 12 industrial sites, and 10 businesses for sale. This distribution highlights a market primarily focused on multifamily and mixed-use development, which may cater to investors looking to capitalize on regional housing and community-based commercial needs. All listed properties are currently available for purchase rather than lease.