Mixed-Use Investment Opportunity in the Heart of Kingston. Located on a prominent corner in Midtown Kingston, 100 Foxhall Ave presents a rare opportunity to acquire a fully leased, income-producing mixed-use property with strong in-place cash flow and future upside. The property consists of an established retail restaurant space currently occupied by a long-standing neighborhood deli, along with two residential apartments, a full basement, and a detached 20x20 garage. The commercial space offers excellent visibility, steady foot traffic, and a well-established tenant, while the residential component provides additional diversified income. The property's utility setup is efficient, with all electric separately metered. The retail space and the 2-bedroom apartment share a natural gas boiler, while the 1-bedroom apartment benefits from its own separate gas boiler. Additional features include off-street parking, basement storage, and a detached garage that offers added utility or supplemental rental income potential. Positioned in a highly desirable Midtown location with close proximity to Uptown Kingston, the Rondout waterfront, and major commuter routes, this property offers investors a solid 6.00 cap rate at the current asking price based on existing income, with projected upside to 7.60 under pro forma rents and 11.54 at market rents. A strong addition to any investment portfolio offering both immediate cash flow and long-term value-add potential.
| MLS # | 1016755 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 72 |
| Listing Provided By | Berardi Realty | Gregory C. Berardi |
| SQ Feet | 2,783 |
|---|---|
| Basement | Y |
| Building(s) | 2 |
| Zoning | T4N |
| Acreage | 0.14 |
| Cooling | Central Air |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Frame |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 226000 |
| Tax Annual Amount | 14040.14 |
| Tax Lot | 52 |
| State | NY |
|---|---|
| County | Ulster County |
| City | Kingston |
| Zip Code | 12401 |
| School District | Kingston High School |
| Elementary School | John F Kennedy School |
| High School | Kingston High School |
| Listing VS Median (in 12401) | |
Price: $499,900 low | high Med: $394,999 sqft: 2,783 low | high Med: 1,344 $ / sqft: $180 low | high Med: $294 On site: 72 low | high Med: 117 | |
| State | NY |
|---|---|
| County | Ulster County |
| City | Kingston |
| Zip Code | 12401 |
| School District | Kingston High School |
| Elementary School | John F Kennedy School |
| High School | Kingston High School |
| Listing VS Median (in 12401) | |
Price: $499,900 low | high Med: $394,999 sqft: 2,783 low | high Med: 1,344 $ / sqft: $180 low | high Med: $294 On site: 72 low | high Med: 117 | |