104 Smith Avenue $3,900,000

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    104 Smith Avenue Kingston, NY 12401

    • Commercial
    • MLS# 20212388
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    Views: 52 Days On Site: 87

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    Property Details

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    Prime Development Opportunity - In the heart of Kingston, 2.3 acres with 74,414 square feet of retail, office and warehouse space is ready to be repurposed to its highest and best use. Most recently the home of Fowler and Keith Industrial Supply, this property has an intoxicating history that includes bootlegger 'Legs' Diamond storing moonshine in its barrel factory during Prohibition! Comprising most of a city block in the center of the Midtown Arts District, there is over 800 feet of frontage on Smith Avenue, Bruyn Avenue and Cornell Street. Most of the building space consists of two old 2-story industrial buildings that have been joined, expanded and upgraded. All space is now fully sprinklered with smoke and heat alarms and a security system. A 2,870 square foot garage is the third of 3 structures. With the exception of occupancy in one of two office suites, this property is currently vacant. M-2 General Manufacturing zoning affords many by-right uses including office/professional, manufacturing, research/development/design labs, restaurants/drinking establishments and more. Placement in the Midtown Mixed Use Overlay District allows and encourages multifamily residential housing above retail and/or commercial uses for mixed-use, pedestrian-based neighborhood development. This property obtained preliminary approval for a 72 unit mixed-use housing development, plans for which are available upon request. The former Kingston Barrel Factory, the rear 2-story brick building, is eligible for historic tax credits. Kingston, NY has been measured as THE hottest real estate market in the nation (Bloomberg), the bullseye of Hudson River Valley-Catskill Mountain region unparalleled in natural beauty, recreational resources, art, culture and cuisine.

    • General Features
      • Age 61-100
      • Area Town KINGSTON,CITY
      • COMMERCIAL FEATURES DISPLAY WINDOW,DOCK-EXTERIOR,FREIGHT ELEVATOR,KITCHEN FACILITES,PRIVATE RESTROOMS,SIGNS OWNED,STORAGE AREA,DOORS UNDER 10FT
      • CURRENT BUSINESS TYPE GENERAL RETAIL,HARDWARE STORE
      • General Taxes 14585
      • School Tax 24129
      • Sewer MUNICIPAL
      • Type Mixed Use
      • Year Built 1960
    • Building Features
      • BASEMENT FULL,OTHER/SEE REMARKS,SLAB
      • Ceiling Height 12'
      • Construction FRAME/STICK, MASONRY
      • COOLING AIR CONDITIONING CENTRAL
      • ELECTRICITY THREE PHASE
      • EXTERIOR FULLY FENCED,DOORS UNDER 10FT
      • FLOORS CARPET,CONCRETE,LINOLEUM,MIXED,WOOD
      • Garage Detached
      • GARAGE PARKING EXTRAS LOT,LOT-PAVED,MIXED,OFF STREET,Parking Spaces 20+
      • HEAT SOURCE CENTRAL
      • INTERIOR OFFICE SQFT,WAREHOUSE SQFT,RETAIL SQFT
      • OTHER ROOMS WORKSHOP
      • Total Building Sqft 74414
    • Property Features
      • Lot Dimensions 2.3
      • LOT FEATURES CORNER LOT,PARKING LOT
      • LOT SITE CITY
      • Number of Acres 2.3
      • ROAD FRONTAGE CITY STREET,PAVED
      • WATER1 MUNICIPAL
    • Schools
      • School District KINGSTONCONSOLD
      • School District1 KINGSTONCONSOLD

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    Neighborhood

    12401 (Kingston) Demographics

    41 Median Age
    593 Population Density (per sq. mile)
    35% College Educated
    $48,058 Estimated Median Income
    7,789 Estimated Total Home Owners
    6,307 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,661 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $291,400 Median Sales Price
    25 Homes Sold
    48 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,900,000
        6/24/2021 4:03:00 PM New in Database Source: Multiple Listing Service New Value: $3,900,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.