Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,576 SF
Site
0.07 acres
Price / SF
$242
NOI
$122,400
Year built
1960
Zoning
T5MS
Stories
3
The offering
Positioned in the heart of Kingston's vibrant Midtown Business District, this exceptional three-story brick mixed-use building presents a rare opportunity to own a renovated, turnkey investment property along the city's bustling Broadway corridor. Ideally situated between the historic Uptown Stockade District and the Downtown Rondout Waterfront, the property benefits from outstanding visibility, steady foot traffic, and proximity to Kingston's thriving arts, dining, and cultural destinations.
The approximately 2,950-square-foot ground floor is occupied by a well-established, fully operating restaurant and bar, providing immediate income from a prominent commercial space. Above, the second and third floors feature four beautifully renovated residential apartments, all completely updated in 2020 with modern kitchens, stylish bathrooms, separate electric services, and high-efficiency natural gas heating and hot water systems, offering comfort and energy efficiency for tenants.
Additional improvements include new windows throughout the entire building, enhancing both aesthetics and efficiency. A full, clean basement provides abundant storage space for commercial or building use. Combining strong income potential, quality renovations, and an unbeatable location in one of Kingston's most dynamic commercial corridors, this is an outstanding investment opportunity for both seasoned investors and owner-operators alike.
Building & site
Interest conveyedFee simple
Gross building area5,576 SF
Building typeMixed Use
Property typeMixed Use
Year built1960
Stories3
Land area0.07 acres
Land area, SF3,024 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard, Forced Air, Hot Water, Natural Gas
Tax parcel51080056.25-1-20
Electric utilityCentral Hudson
Zoning & permitted uses
District
T5MS
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)
$122,400
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
2026 taxes
$24,621
Assessed value
$388,000
Land assessment
$17,000
Full market value
$680,702
Owner of record
666 Broadway LLC
School district
Kingston
Property class
481 · Restaurant
Estimated annual tax, 2025 roll
County and town
$6,283
School, Kingston
$14,941
Estimated total
$21,224
The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
