21 Main St
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21 Main St
10 Unit Block of Flats £1,251,920 (£125,192/Unit) Kingston, NY 12401
Investment Highlights
- Convenient Location
- Off Street Parking
- Recently Renovated
Executive Summary
Situated in the heart of uptown Kingston, you will find this renovated 10 unit apartment building with updated kitchens, baths, new boiler and hot water heater. Ideally located, walk to the Historic Stockade District, with shops, restaurants, local entertainment and the nearby Trailways Bus Station. Building contains three one bedroom units, five studio apartments and two first floor units. Building also offers plenty of off street parking. There is an additional 2 more units in the garage that the owner is willing to renovated for an asking price of $1,950,000, bringing the total units up to 12. Call listing agent for more details. Per the Director for the Office of Housing Initiatives this property is not part of the ETPA (Emergency Tenant Protection Act)
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£168,070
|
£21.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£168,070
|
£21.25
|
| Taxes |
£22,691
|
£2.87
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£22,691
|
£2.87
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £168,070 |
| Annual Per SF | £21.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £168,070 |
| Annual Per SF | £21.25 |
| Taxes | |
|---|---|
| Annual | £22,691 |
| Annual Per SF | £2.87 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £22,691 |
| Annual Per SF | £2.87 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £1,251,920 | Building Class | C |
| Price Per Unit | £125,192 | Lot Size | 0.21 AC |
| Sale Type | Investment | Building Size | 7,908 SF |
| No. Units | 10 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | £1,251,920 |
| Price Per Unit | £125,192 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,908 SF |
| Number of Floors | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
1 of 1
Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 0800-048.331-0004-014.000-0000 | Total Assessment | £430,348 (2023) |
| Land Assessment | £87,634 (2023) | Annual Taxes | £22,691 (£2.87/sf) |
| Improvements Assessment | £342,713 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0800-048.331-0004-014.000-0000
Land Assessment
£87,634 (2023)
Improvements Assessment
£342,713 (2023)
Total Assessment
£430,348 (2023)
Annual Taxes
£22,691 (£2.87/sf)
Tax Year
2024
zoning
| Zoning Code | C-2 (T5N) |
| C-2 (T5N) |
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21 Main St
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