261 Fair Street

Kingston, NY 12401

$1,050,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed use building in uptown kingston. First floor office space/suites. Second floor 2-1 bedroom apartments. Third floor 1-1 bedroom apartment. First floor office space all renovated. Second floor includes converted and renovated office space to 2 separate one bedroom apartments. Owner pays for heat, hot water, water/sewer and electric on first floor. Tenants pay cable. Second floor and third floor owner pays for heat, hot water, and water/sewer. Tenants pay for electric and cable. Apartment tenants...Mixed use building in uptown kingston. First floor office space/suites. Second floor 2-1 bedroom apartments. Third floor 1-1 bedroom apartment. First floor office space all renovated. Second floor includes converted and renovated office space to 2 separate one bedroom apartments. Owner pays for heat, hot water, water/sewer and electric on first floor. Tenants pay cable. Second floor and third floor owner pays for heat, hot water, and water/sewer. Tenants pay for electric and cable. Apartment tenants on one year leases. The annual income estimate is $96,120 - 4,806 (5% vacancy) = $91,314.
  1. Listed by Duane Postupack • Postupack Valuation Inc
  2. Listed by Duane Postupack • Postupack Valuation Inc

Property Details for 261 Fair Street

Zone
O-2, LIMITED OF
Road Frontage
CITY STREET

Location

Listing Courtesy of Postupack Valuation Inc
Add your commute
LISTING UPDATED: 11/03/2023 06:03 PM

Property Details for 261 Fair Street

StatusActive
MLS #20233239
Days on Market179
Taxes$14,333 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial/Industrial / Mixed Use
Year Built1955
Lot Size0.04 AC / 1,742 SF
CountyUlster County

Location

Listing Courtesy of Postupack Valuation Inc
Add your commute

Building Information for 261 Fair Street

Stories-Residences-Year Built1955Lot Size0.04 AC / 1,742 SF

Payment Calculator

$6,925 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$1,194

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 261 Fair Street

Summary
Location and General Information
  • Area and Town: KINGSTON, CITY
  • City: KINGSTON
  • State: NY
  • Zip: 12401
  • County: Ulster County
  • Townships: City of Kingston
  • Directions: NEW YORK STATE THRUWAY EXIT 19 TO TRAFFIC CIRCLE, SECOND RIGHT ONTO WASHINGTON AVENUE. CONTINUE TO LEFT ONTO NORTH FRONT STREET. RIGHT ONTO FAIR STREET. AFTER STOP SIGN PROPERTY ON RIGHT, BLUE AND WHITE BUILDING NEXT TO FIREMAN'S MUSEUM.
Taxes and HOA
  • School Tax: $9,117
  • General Tax: $5,216
  • Total Taxes: 14333
  • Assessed: $267,000.00
School Information
  • School District: Kingston Consolidated
Property
Lot Information
  • Number of Acres: 0.04
  • Lot: 5
  • Lot Dimensions: 25X77
  • Flood Plain: N
  • Lot Block Address: 5,6,261 FAIR
  • Floors: MIXED
Property and Assessments
  • Class: COMMERCIAL/INDUSTRIAL
  • Type: Mixed Use
  • Year Built: 1955
  • Federal Information Processing Standards Code: NY111
  • Age: 61-100
  • Block: 6
Utilities
  • Water Source: 650
  • Water: MUNICIPAL
  • Fuel: 7063
  • Electric: 935
  • Heat Source: HOT WATER
  • Heating Fuel: OIL
  • Hot Water: OIL
  • Electricity: MIXED
Interior and Exterior Features
Exterior Features
  • Basement: FULL
Interior Features
  • Cooling or Air Conditioning: WALL UNIT

Public Records for 261 Fair Street

Taxable ValueLand$34,000Additions$233,000Total$267,000
Home Facts
Total Finished SqFt5,520 SqFtAbove Grade Finished SqFt4,010 SqFtFinished Basement SqFt1,510 SqFtStories3Lot Size1,925 SqFtStyleOffice BuildingYear Built1955ZoningO-2CountyULSTERAPN510800 48.331-6-5

Schools near 261 Fair Street

This home is within Kingston City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
George Washington School
PublicPK to 4

J Watson Bailey Middle School
Public5 to 8

Kingston High School
Public9 to 12

Harry L Edson School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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261 Fair Street is a mixed use property for sale in Kingston, NY 12401. This property was listed for sale on November 3, 2023 by Postupack Valuation Inc, it's currently listed at $1,050,000. This listing's school district is Kingston City School District. Nearby schools include George Washington School, J Watson Bailey Middle School and Kingston High School. 261 Fair Street is a 0-bed, 0-bath, mixed use property built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Postupack Valuation Inc

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