NY
Ulster
Kingston
12401
52-60 Cornell Street
52-60 Cornell Street, Kingston, NY 12401
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Listing Type
Commercial/Industrial
Listing Status
Active
16
$650,000

Home Details for 52-60 Cornell Street

Price
$650,000
Type
Commercial Sale
Year built
1998
Lot size acres
0.3022
County
Ulster
MLS Listing#
989092
Property Description

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.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: McGrath Realty Inc - 845-896-5444
Presented by: Brendan McGrath
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2790 W. Main St., Wappingers Falls, NY 12590
Office
845 298 6034
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