316 Wall Street, Kingston
Uptown Kingston mixed use building featuring a fully equipped turn-key restaurant/bar with two NYC loft style apartments on the second and third floor. Thriving restaurant has recently closed due to owner relocation (business is for sale asking $100,000). Second floor apartment has been completely renovated offering 1 bedroom, two full bathrooms and a rooftop deck (could easily be a 2 bedroom apartment) and is currently rented for $2,200 a month with the tenant paying all utilities. Third floor apartment is currently one unit, 2-3 bedroom with two full baths (but was split into two 1-bedroom apartments in the past), available for rent at $2,500 with electric included. In this unit there are two full bathrooms, 1 kitchen and laundry area that was previously the second kitchen, unit could easily be converted back into two apartments making it a commercial 1st floor space with 3 apartments. Income and expense sheet reflects current status of building with projected rents as a commercial space and 2 apartments. See associated docs for income and expense at asking price. Full basement with high ceilings is great for storage, has full beer cooler and office. The exterior offers a front patio facing Wall Street and a rear patio facing Fair Street (could be used as parking or additional seating).
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