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97 Abeel Street

Kingston, NY 12401
  • $699,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 20243212
UPDATED: 68 min ago
$699,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $218
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

School District:

Description

97 Abeel Street, an iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area. This exceptional property offers an unparalleled investment opportunity, featuring three robust income streams: a turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space, the two apartments are upstairs. The beautiful brick building has been a cornerstone of the community for years, providing a vibrant and inviting atmosphere right next to art galleries, vintage shops, and other well-known establishments. The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout with the newly reopened Wurtz Street bridge nearby. Ideal for investors or those looking to owner-occupy a downtown property, 97 Abeel Street presents a unique chance to capitalize on the bustling foot traffic and vibrant energy of the Rondout location. The restaurant's well-designed floorplan ensures a smooth flow for both indoor and outdoor dining, with easy access for servers through a connecting back breezeway. With its fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment. Don't miss out on this amazing opportunity to own a piece of Kingston's historic downtown - a perfect blend of charm, convenience, and potential. Accessible driveway for apartment off W Union St as property extends. Also presents as a future work live scenario or to eventually become a Restaurateur. There is an additional contiguous lot that can be purchased with sale - this just adds to the appeal and possibilities.

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© 2024 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeService Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX 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. Data Last Updated:2024-10-15T14:19:01.24
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97 Abeel Street Kingston, NY 12401

  • Price: $699,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 68 min ago
  • MLS #: 20243212
3
Beds
0
Baths
0
½ Baths
0.14
Acres
3,200
SQFT
$218
$/SQFT
1960
Built
Neighborhood:
Kingston-City
County:
Ulster
Area:
Kingston-City
School District:
Kingston Consolidated
Property Description
97 Abeel Street, an iconic mixed-use building nestled in the heart of the thriving Kingston Rondout Creek waterfront area. This exceptional property offers an unparalleled investment opportunity, featuring three robust income streams: a turnkey Mexican restaurant on the main level with charming side outdoor patio seating, the patio is beautiful and has a lot of space, the two apartments are upstairs. The beautiful brick building has been a cornerstone of the community for years, providing a vibrant and inviting atmosphere right next to art galleries, vintage shops, and other well-known establishments. The historic charm of the area combined with modern amenities makes this a rare find in the downtown Kingston Rondout with the newly reopened Wurtz Street bridge nearby. Ideal for investors or those looking to owner-occupy a downtown property, 97 Abeel Street presents a unique chance to capitalize on the bustling foot traffic and vibrant energy of the Rondout location. The restaurant's well-designed floorplan ensures a smooth flow for both indoor and outdoor dining, with easy access for servers through a connecting back breezeway. With its fantastic location, rich history, and excellent visibility, this property promises a stable and lucrative investment. Don't miss out on this amazing opportunity to own a piece of Kingston's historic downtown - a perfect blend of charm, convenience, and potential. Accessible driveway for apartment off W Union St as property extends. Also presents as a future work live scenario or to eventually become a Restaurateur. There is an additional contiguous lot that can be purchased with sale - this just adds to the appeal and possibilities.
Exterior Features

Architectural Style RowhouseOther Attached Garage YN No Exterior Features Awning(s)BalconyGardenLightingUncovered Courtyard Fencing Fenced Foundation Details Brick/MortarStone Garage YN No Lot Features City LotLandscapedLevelSubdividedViewsSee Remarks Parking Features On StreetOff StreetDrivewayAssigned Patio And Porch Features Awning(s)DeckPatio Pool Features [] Road Frontage Type City Street Road Surface Type Asphalt Roof Rubber View DowntownNeighborhood Waterfront Features [] Window Features Display Window(s)Window Treatments

Interior Features

Appliances OtherVented Exhaust FanRange HoodGas OvenFree-Standing Gas RangeFree-Standing FreezerExhaust FanElectric RangeElectric CooktopDryerDishwasherBuilt-In RefrigeratorBuilt-In RangeBar Fridge Basement ConcreteFullInterior EntryPartially FinishedUnfinished Construction Materials BrickFrameMasonite Cooling Ceiling Fan(s)Wall Unit(s)Wall/Window Unit(s)Window Unit(s) Cooling YN Yes Door Features [] Electric [] Fireplace Features [] Flooring HardwoodLinoleumSlateStoneWood Heating GravityNatural GasRadiantSeparate Meters Heating YN Yes Interior Features BarHigh CeilingsOpen FloorplanSee Remarks Laundry Features [] Levels Two Unit1 Information Actual Rent 3250 Unit2 Information Actual Rent2 1500 Unit3 Information Actual Rent3 1000

Property Features

Accessibility Features Yn Yes Association Amenities [] Association Fee Includes [] Association YN No Community Features RestaurantSidewalksStreet Lights Flood Plain No General Tax 3691 Gross Income 69000 Inclusions Contiguous Lot next door can be purchased with sale if desired- 91 Abeel St $149000 Listing Terms [] Lot Size Dimensions 62x126 Net Operating Income 52600 New Construction YN No Other Equipment [] Other Structures [] Owner Pays GasTaxes Property Condition [] Property Sub Type Multi Family School Tax 6692 Security Features Fire AlarmSecurity Lights Sewer Public Sewer Special Listing Conditions [] Structure Type Mixed UseMulti Family Tax Annual Amount 10383 Tax Assessed Value 196000 Tax Block 2 Tax Legal Description Mixed Use Tax Lot 31 Tenant Pays All Utilities Utilities Cable ConnectedSewer Connected Water Source Public

[Hudson Valley Catskill Region MLS] logo© 2024 by Hudson Valley Catskill Region MLS.
Listing # 20243212 provided courtesy of Eric Amaral of Coldwell Banker Village Green: 845-679-2255.
© 2024 by Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeService Hudson Valley Properties are marked with IDX logo and the detailed information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX 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. Data Last Updated:2024-10-15T14:19:01.24
 
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16 Hurley Avenue
Kingston NY, 12401