52-60 Cornell Street, Kingston, NY, 12401
$650,000
activeLot Size
13,163 sqft
Year Built
1998
Stories
1
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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. Tenant has signed First Renewal Term amendment under identical terms, with the corporate guaranty expressly extended. 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.
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Listed by Brendan McGrath, McGrath Realty Inc
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