161 Fair Street

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161 Fair Street

Kingston, NY 12401
Asking Price
Contact for price
Asset Type
Religious/Church Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose religious facility located in Kingston, New York.
  • The property measures 1,838 square feet of interior space.
  • Central location within the 12401 zip code and community.
  • Potential for conversion into professional office or studio use.
  • Positioned within the active and developing Hudson Valley region.

What's Special

Adaptive reuse projects often find success in this religious facility located at 161 Fair Street in Kingston. Spanning 1,838 square feet, this special-purpose property provides a manageable footprint for community-oriented organizations or specialized commercial operations. Its position within the historic fabric of Kingston allows for creative repositioning in a market that balances regional tourism with a growing local economy in the Hudson Valley. Prospective buyers might consider converting the structure for professional office use, a boutique studio, or other community-based services that benefit from a well-established urban setting. The layout provides the necessary structural foundation for various renovations while maintaining its visibility within the 12401 zip code. Whether continuing its legacy of community gathering or transforming into a new creative workspace, this asset presents a clear, functional opportunity for investors or end-users looking to establish a presence in a central neighborhood. The surrounding area remains a hub for commerce and residential growth in the Ulster County region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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