52-60 Cornell ST, Kingston, NY 12401
52-60 Cornell ST, Kingston, NY 12401
52-60 Cornell ST, Kingston, NY 12401
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$650,000
Est. payment /mo
0.3 Acres Lot
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 989092

Rental Info No

Year Built 1998

Annual Tax Amount $26,356

Lot Size 0.302 Acres

Acres 0.3022

Property Sub-Type Industrial

Source onekey2

Property Description

Single-tenant NNN ambulance facility in Kingston, projecting $44,072 in Year 1 NOI under the First Renewal Term, running through June 2029 with one additional 3-year option through June 2032. Corporate-guaranteed rent with CPI-or-3% escalators. Tenant has signed First Renewal Term amendment under identical terms, with the corporate guaranty expressly extended. The only Ulster County property in a three-facility portfolio (69 Dickson St, 31-59, Peach Pl, 52-60 Cornell St) that also includes assets in Newburgh and Middletown, available individually or as a package.

Location

State NY

County Ulster County

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Fence Chain Link

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 15

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by McGrath Realty Inc • Brendan McGrath
Nearby Locations

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Haniff Baksh
Haniff Baksh

Broker | License ID: 10311202741

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY 10470-1612, USA

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52-60 Cornell ST