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Listed by Eric Amaral, Coldwell Banker Village Green
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.
More Info
Basic Information
- Documents Available Listing Agreement
- Owner Pays Gas, Taxes
- Parcel Number 56.43
- Tenant Pays All Utilities
- Unit 1 Information Actual Rent $3,250
- Unit 2 Information Actual Rent $1,500
- Unit 3 Information Actual Rent $1,000
Location
- Address97 Abeel Street
- AreaKingston, City
- Building Number97
- CountyUlster
- Mls Area Minor Kingston, City
- StateNY
- StreetAbeel Street
- TownKingston
- Zip12401
Exterior
- Exterior Features Awning(s), Balcony, Garden, Lighting, Uncovered Courtyard
- Fencing Fenced
- RoofRubber
Property Information
- Acreage0.14
- Inclusions Contiguous Lot next door can be purchased with sale if desired- 91 Abeel St $149,000
- Lot Features
- City Lot
- Landscaped
- Level
- See Remarks
- Subdivided
- Views
- Lot Size Dimensions 62x126
- Lot Size Square Feet 6,098
- Lot Size Units Acres
- Patio And Porch Features Awning(s), Deck, Patio
- Square Feet3,200
Tax Information
- Tax Legal Description Mixed Use
- Taxes$10,383
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms3
- Unit 1 Information Baths Full 2
- Unit 2 Information Baths Full 1
- Unit 2 Information Beds Total 2
- Unit 3 Information Baths Full 1
Building
- Above Grade Finished Area 3,200
- Attic Features Unfinished
- Basement Yes
- Building ConstructionBrick, Frame, Masonite
- FoundationBrick/Mortar, Stone
- Property StyleRowhouse, Other
- Structure Type Mixed Use, Multi Family
- Units3
- Window Features Display Window(s), Window Treatments
- Year Built1960
Amenities
- Accessibility AmenitiesAccessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
- Appliances IncludedOther, Vented Exhaust Fan, Range Hood, Gas Oven, Free-Standing Gas Range, Free-Standing Freezer, Exhaust Fan, Electric Range, Electric Cooktop, Dryer, Dishwasher, Built-In Refrigerator, Built-In Range, Bar Fridge
- Community Features Restaurant, Sidewalks, Street Lights
- Cooling Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s), Window Unit(s)
- Cooling YN Yes
- Green Energy Efficient Insulation, Water Heater
- Other AmenitiesBasement, Garden
- Security Features Fire Alarm, Security Lights
School Information
- High School DistrictKingston Consolidated
Parking
- Parking Features On Street, Off Street, Driveway, Assigned
Basic Information
- List Price$699,000
- MLS Number20243212
- Mls Status Pending
- Modification Date09/02/2024
- Property SubTypeMulti Family
- StatusPEN
- Virtual TourView Tour
Property
- Sign On Property YN Yes
Interior
- Flooring Hardwood, Linoleum, Slate, Stone, Wood
- Interior Features Bar, High Ceilings, Open Floorplan, See Remarks
Utilities
- Heating YN Yes
- Plumbing Mixed
- Utilities Cable Connected, Sewer Connected
- Waste Water DisposalPublic Sewer
Water Body
- Water AccessPublic
Legal
- ZoningT5
- Zoning Description Com1 481
Other
- Date Listed07/19/2024
- View Count7
20243212
Kingston, NY Demographics
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20243212
Kingston, NY Real Estate Market Data
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20243212
Kingston, NY Schools
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