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About the Listing BERARD - 59688
Mixed-Use Investment Opportunity in the Heart of Kingston. Located on a prominent corner in Midtown Kingston, 100 Foxhall Ave presents a rare opportunity to acquire a fully leased, income-producing mixed-use property with strong in-place cash flow and future upside. The property consists of an established retail restaurant space currently occupied by a long-standing neighborhood deli, along with two residential apartments, a full basement, and a detached 20x20 garage. The commercial space offers excellent visibility, steady foot traffic, and a well-established tenant, while the residential component provides additional diversified income. The property's utility setup is efficient, with all electric separately metered. The retail space and the 2-bedroom apartment share a natural gas boiler, while the 1-bedroom apartment benefits from its own separate gas boiler. Additional features include off-street parking, basement storage, and a detached garage that offers added utility or supplemental rental income potential. Positioned in a highly desirable Midtown location with close proximity to Uptown Kingston, the Rondout waterfront, and major commuter routes, this property offers investors a solid 6.00 cap rate at the current asking price based on existing income, with projected upside to 7.60 under pro forma rents and 11.54 at market rents. A strong addition to any investment portfolio offering both immediate cash flow and long-term value-add potential.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Storage Space,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $14,040
- Taxes w/Assessments: N/A
- Tax/Property ID: 0800-056.026-0001-052.000-0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
100 Foxhall Ave Kingston, NY 12401
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