188 North Street

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188 North Street

Kingston, NY 12401
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use property encompassing 9,241 square feet of versatile floor space
  • Strategically situated in the Kingston, New York, regional market
  • Asset offers potential for diverse commercial and residential income streams
  • Provides significant development flexibility for various tenant business models
  • Located within a growing submarket in the Hudson Valley region

What's Special

Investors seeking a flexible asset in Kingston will find this 9,241 square foot mixed-use property at 188 North Street a viable addition to their portfolio. The building supports a variety of commercial and residential configurations, making it well-suited for operators looking to capitalize on the ongoing revitalization of the Hudson Valley. Its strategic positioning within the city facilitates access to local infrastructure and the broader regional economy, which has increasingly attracted professionals and businesses seeking proximity to metropolitan hubs without sacrificing a community-focused environment. This asset allows for diverse income streams through its combined use profile, catering to the stable demand for central space in an established upstate market. Owners can leverage the current layout for retail, office, or apartment development to suit specific investment objectives in this growth-oriented submarket. The property provides the necessary square footage to accommodate long-term tenants while maintaining flexibility as neighborhood trends evolve.

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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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