ESOPUS NY - ID: 20201929
On the Market
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  • Price: $745,000
  • Bedrooms: 7
  • Bathrooms: 5 (full)
  • Sq. Feet: 6,692
  • Garage: None
  • Acreage: 0.53
  • Year Built: 1890
  • School District: Kingston Consolidated
  • CONTACT
    Grist Mill Real Estate
    (800) 664-5503
    gristmill@gristmillrealestate.com
Property Type: Mixed Use

Description: Offering consists of three separate properties. A mixed use commercial space. A multi-family and a single family. This is a prime income producing opportunity. 152 Broadway Entire Home: $1, 450 (Month to month) GPI: $17, 400 154 Broadway 1st floor: $1, 500.00 (new 1 yr lease) 2nd floor: $1, 650.00 (Lease ending wants to renew) GPI: $36, 600 156 Broadway Potential: $1, 900-$2, 600 GPI @ $2, 400PM: $28, 800 Cap rate @ $740, 000.00: Approximatley 10% 156 recently underwent a total gut renovation and has two turnkey apartments. The 1st floor consists of a two-bedroom apartment with a large kitchen, main room and bath. Front entrance with a colonial covered porch, a foyer, two large main rooms, a full bath and a back entrance leading to/from a large off-street parking lot (12-17 spaces). The 2nd floor is a two-bedroom with a large kitchen/ eating area, laundry closet, large living room and spacious full bath. There are three good-sized closets, a pantry closet in the kitchen, a bath closet and a storage "nook" off the eating area. The driveway is off of the side street (Schryver St.), and all units can be accessed from the back of the house. The property is almost entirely surrounded by either fence or the brick-clad building that borders it. The backyard/parking lot is very open and receives sunlight most of the day. The property is located just a stone's throw away from the Hudson River. Great proximity to Stone Ridge, Kingston and Woodstock. 156 Broadway, 154 Broadway and 152 Broadway are all being offered simultaneously. This is the perfect opportunity to start a mixed-use rental business. Plans for a coffee shop were approved in 2018.

FEATURES:
SQUARE FEET -1ST FLOOR: -
ZONE: Bc
LOT DIMENSIONS: -
APPLIANCES: Dryer, Dishwasher, Exhaust Fan, Refrigerator, Range, Range Hood, Washer, Water Softener
FIREPLACE DESCRIPTION: None
ELECTRICITY: 200 Amps, Three Phase
LOT FEATURES: Corner Lot, Parking Lot
LOT/SITE: Hamlet/Village
STYLE: Two Story
WATER: Municipal
KITCHEN DESCRIPTION: Galley, Gourmet, Island

Listing courtesy of: Bhhs Hudson Valley Prop-Wdst / Listing Agent: Zak Gumpel
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