About 261 Fair Street
MIXED USE BUILDING IN UPTOWN KINGSTON. FIRST FLOOR OFFICE SPACE/SUITES. SECOND FLOOR 2-1 BEDROOM APARTMENTS. THIRD FLOOR 1-1 BEDROOM APARTMENT. FIRST FLOOR OFFICE SPACE ALL RENOVATED. SECOND FLOOR INCLUDES CONVERTED AND RENOVATED OFFICE SPACE TO 2 SEPARATE ONE BEDROOM APARTMENTS. OWNER PAYS FOR HEAT, HOT WATER, WATER/SEWER AND ELECTRIC ON FIRST FLOOR. TENANTS PAY CABLE. SECOND FLOOR AND THIRD FLOOR OWNER PAYS FOR HEAT, HOT WATER, AND WATER/SEWER. TENANTS PAY FOR ELECTRIC AND CABLE. APARTMENT TENANTS ON ONE YEAR LEASES. THE ANNUAL INCOME ESTIMATE IS $96,120 - 4,806 (5% VACANCY) = $91,314.
Features of 261 Fair Street
| MLS® # | 20233239 |
|---|---|
| Price | $1,050,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,010 |
| Acres | 0.04 |
| Year Built | 1955 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 261 Fair Street |
|---|---|
| Area | Kingston,City |
| City | Kingston |
| County | Ulster |
| State | NY |
| Zip Code | 12401 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Appliances | Other, Water Heater |
|---|---|
| Heating | Hot Water, Oil |
| Cooling | Wall Unit(s) |
| Has Basement | Yes |
| Basement | Full |
| Fireplace | No |
School Information
| District | Kingston Consolidated |
|---|
Additional Information
| Date Listed | November 4th, 2023 |
|---|---|
| Days on Market | 175 |
| Zoning | O-2, LIMITED OF |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Duane Postupack |
|---|---|
| Office | Postupack Valuation Inc |