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440 Abeel St

Kingston, NY 12401

$750,000

Marina For Sale  •  4,200 Sq Ft

Property Details

  • Property Type Marina
  • Total Building Size 4,200 Sq Ft
  • Lot Size 0.47 ac
  • Building Class B
  • Year Built 1980
  • Cap Rate 9.30 %
  • Tenancy Multiple
  • Zoning RF-R
0 Transit Score
23 Walk Score

Description

The New Ulster Marina property consists of a three-story structure with three bedrooms, residential upper duplex and deck, and commercial or additional residential space below. 

The large 2nd floor has a nice open layout. There are two bedrooms and a bath; an eat-in kitchen with stainless steel appliances; a living room with oak floors, double height ceilings, exposed wood beams; and an area for a study/office. 

There is a deck off the living room overlooking the Rondout Creek. Most rooms have river views! A spiral staircase leads upstairs to the master suite with a private bath and open loft sitting area.

There is an additional 1717 SF workshop situated approx. 200 ft from the main building.

With 900ft of water frontage, floating docks with approx. 60 slips, launching ramp and concrete sea wall, this property offers many marine related opportunities.

Located on the Rondout Creek in Kingston, NY.

Financial Summary

Cap Rate: 9.30 %

Amenities

  • Waterfront

Public Transportation

AirportDriveWalkDistance
Stewart International Airport 58 min - 41.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
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