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Listed by Gregory Berardi, Berardi Realty
Four story brick building features well established restaurant on the first and second floor measuring a total of +/- 9,100 square feet and then 6 luxury apartments on the 3rd and 4th floor with laundry. The restaurant offers two spacious wooden bars and two kitchens (one on each floor) and a wood fire pizza oven. Part of,and connected is recently expanded Bella Piazza catering/dining area which includes a covered outdoor patio,a cozy gas fireplace and +/- 12 ft. ceilings. The 6 apartments on the third and fourth floor have all separate utilities and elevator access,rents are all well below market rate and each tenant is month to month tenancy. Building is fully sprinklered from the basement to the top floor with Main and back stairways. Iconic restaurant has been in business for 13+ years and will be leasing back +/- 20 year lease. Exterior offers front outdoor patio with a glass enclosed main dining area. Municipal parking lot is across the street which can accommodate 100+ cars. Great investment opportunity. See associated docs for additional info and income and expense at asking price. Current owner of the building/restaurant will also sell the restaurant business if desired.

More Info

Basic Information

  • Acreage0.38
  • Business NameLittle Italy
  • Lfd WaterMUNICIPAL
  • List Price$2,350,000
  • MLS Number20213508
  • MlsStatusPENDING CONTINUE TO SHOW
  • Property TypeMixed Use
  • SewerMUNICIPAL
  • Square Feet15,964
  • Units7
  • Year Built1950

Utilities

  • Cooling Air ConditioningCENTRAL, DUCTLESS SPLIT AC UNITS
  • Heat SourceFORCED AIR, NATURAL GAS AVAILABLE, DUCTLESS MINI SPLIT SYS
  • Heating FuelNATURAL GAS
  • Hot WaterGAS

Location

  • Address12-16 Thomas Street
  • Area TownKINGSTON, CITY
  • Building Number12-16
  • Elementary SchoolG.WASHINGTON K-4
  • High School DistrictKINGSTONCONSOLD
  • StateNY
  • StreetThomas Street
  • TownKingston
  • Zip12401
  • ZoneCOM

Interior

  • FloorsCERAMIC, CONCRETE, HARDWOOD, WIDE BOARD, WOOD
  • Other RoomsOFFICE, OTHER/SEE REMARKS

Building

  • BasementFULL, OTHER/SEE REMARKS, PARTIAL, SLAB
  • Ceiling Height+/- 12ft
  • ConstructionFRAME/STICK, MASONRY
  • DockN
  • GarageN
  • Garage Parking ExtrasLOT-PAVED, OFF STREET, OTHER/SEE REMARKS, Parking Spaces 20+
  • Office SqFt200
  • Over Head DoorsN

Property

  • Current Business TypeAPARTMENT INCLUDED, BAR/TAVERN
  • Current Business Type CntRESTAURANT, RESTAURANT W/BAR

Amenities

  • Other AmenitiesBasement, Fireplace

Other

  • Commercial Features
    • DISPLAY WINDOW
    • FIRE ALARM
    • HANDICAP ACCESS
    • HANDICAP FACILITY
    • KITCHEN FACILITES
    • PATIO/DECKS
    • PRIVATE RESTROOMS
    • PUBLIC BATHROOMS
    • SECURITY LIGHT(S)
    • SECURITY SYSTEM
    • SIGNS OWNED
    • SMOKE DETECTORS
    • STORAGE AREA
  • Electricity200 AMPS
  • Lot20.1
  • Lot Dimensions192x85
  • Lot FeaturesLANDSCAPED, LEVEL
  • Lot SiteCITY
  • Owner PaysTAXES
  • Sales Include
    • BLDG
    • BUSINESS NEGOTIABLE
    • EQUIPMENT NEGOTIABLE
    • FIXTURE
    • INVENTORY NEGOTIABLE
    • LEASE-BLDG
    • OWNER WILL LEASE BACK
  • Short SaleNo
  • Tennant PaysALL UTILITIES
  • View Count20

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