Mary Collins Real Estate, Inc.
 
KINGSTON,CITY NY - ID: 20190392 - KINGSTON,CITY On the Market
330 WALL Street, KINGSTON, NY ID: 20190392
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Price: $1,595,000

Sq. Feet: 6,600

Acreage: 0.05

Year Built: 1892

School District: KINGSTONCONSOLD

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CONTACT
Mary Collins Real Estate
(845) 687-0911
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Property Type: Mixed Use

Description: One of the very last great buildings left for sale in the heart of Kingston's historic Stockade District, doubly more desirable now that Kingston has become "Brooklyn North" and it may soon become like Hudson -- all bought up, with nothing left to buy. There are three floors of voluminous, loft-like space reminiscent of the old days in Soho with wide board floors, high ceilings, painted exposed brick and original details, just like artists used to own. A full city block wide, with an entrance on parallel streets, the building offers spaces that have remarkable flexibility and use, with a full dry basement that can serve a variety of purposes as well as storage. The first floor is now retail; the second and third are currently living spaces. Some of the hard-to-find architectural details -- terrazzo mosaic entry, curved plate-glass display windows, ironwork door pulls -- lend themselves to a spectacular buyer's renovation. The burgeoning, hip location, with prices skyrocketing in the last six months or so, cannot be bettered and the building with its unbeatable spaces is waiting for the next transformation.
$50, 000, 000+ mixed use development being developed across Front Street. Here are news links: https://www.dailyfreeman.com/news/hotel-housing-elevated-walkway-part-of-proposed-million-uptown-kingston/article_237efe8e-ee14-5a9f-901c-b16c28275589.html https://www.dailyfreeman.com/news/local-news/kingstonian-project-planners-look-to-submit-proposal-to-city-next/article_744661bc-d6fc-11e8-9597-eb087c8b6f7c.html https://www.recordonline.com/news/20181027/845-confidential-kingston-development-would-address-uptown-housing-parking-needs http://www.hvmag.com/The-Kingstonian-Housing-Parking-Retail-Development/ This building qualifies for the Federal Opportunity Zone Program. An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. For a qualified purchaser, Seller will consider a long term net lease for $10, 000 per month triple NET with a purchase option. Square footage, bedrooms and bathrooms, acreage and taxes are according to the Ulster County Information Services or, in some cases where there appears to be a discrepancy, verified by us.




FEATURES:
ZONE: C-2
LOT DIMENSIONS: 25 X 91
LOT/SITE: City, Downtown Historic Area
ROAD FRONTAGE: City Street


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Listing courtesy of: Lawrence O'Toole Realty, Lawrence O'Toole Realty / Listing Agents: Lawrence O'Toole, Robert Stang
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The data on this website relating to real estate comes from the (IDX) of the Multiple Listing Service of Ulster County. Real estate listings of brokerage firms other than Mary Collins Real Estate, Inc. are marked with the IDX logo and the detailed information about them includes the listing broker's name. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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