Commercial in Ulster County
| MLS Number | 989092 |
|---|---|
| Address | 52-60 Cornell Street, Kingston, NY 12401 show map |
| Price | $650,000 show mortgage calculator |
| Acres | 0.30218089990817 |
| Year Built | 1998 |
| Est. Sq. Footage | 0 |
| Zoning | C-2 |
| Current Uses | |
| Permitted Uses |
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. Landlord has issued the First Renewal Term amendment to tenant under identical terms, with the corporate guaranty expressly extended; tenant execution is pending. 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.
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