McGrath RealtyCommercial
Division
Back to all property for sale
Also sold as a portfolio. This is one of 3 facilities on the same lease and guaranty.See the Hudson Valley NNN Commercial Portfolio →
For SaleIndustrialMLS KEY989092

52-60 Cornell Street

Kingston, NY · Ulster County
Building
3,360 SF
Site
0.30 acres
Price / SF
$186
NOI
$44,072
Year built
1998
Zoning
C-2
Stories
1

The offering

Single-tenant NNN ambulance facility located at 52-60 Cornell St in Kingston. The property is part of a three-facility portfolio and is available individually or as a package.

Lease Details
  • Single-tenant NNN lease, corporate-guaranteed rent
  • CPI-or-3% escalators
  • Year 1 NOI of $44,072 projected under the First Renewal Term
  • First Renewal Term runs through June 2029
  • One additional 3-year option through June 2032
  • Tenant has signed First Renewal Term amendment under identical terms
  • Corporate guaranty expressly extended
Portfolio
  • Only Ulster County property in a three-facility portfolio
  • Portfolio properties: 69 Dickson St, 31-59 Peach Pl, 52-60 Cornell St
  • Additional portfolio assets located in Newburgh and Middletown
  • Available individually or as a package

Building & site

Interest conveyedFee simple
Gross building area3,360 SF
Building typeIndustrial
Property typeIndustrial
Year built1998
Stories1
Land area0.30 acres
Land area, SF13,163 SF
WaterPublic
SewerPublic Sewer
HeatForced Air
Tax parcel51080056.25-4-48.200
Clear height14 ft
Drive-in / grade-level doors3
Number of buildings1
Parking spaces15
Electric utilityCentral Hudson
Distance to train11 mi

Zoning & permitted uses

District
C-2

Permitted uses are governed by the Kingston zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Income & tenancy

Gross income (as reported)
$44,072

Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Location, access & trade area

Trade area
Measure
Kingston
Ulster County
Population
23,911
182,977
Daytime population
28,476
173,713
Population density
2,696 / sq mi
163 / sq mi
Households
10,020
76,112
Median household income
$68,186
$87,847
Mean travel time to work
23 min
28 min
Median home value
$315,500
$389,100
Median gross rent
$1,469
$1,586
Unemployment (June 2026)
3.7%
Not stated
School districts
Kingston, Rhinebeck
ZIP codes
12401, 12417, 12443, 12466

Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.

Taxes & assessment

2025 taxes$26,357
Assessed value$439,000
Land assessment$19,000
Full market value$770,175
Owner of recordMobile Life Support Ser
School districtKingston
Property class662 · Fire station

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

Comparable offerings