Office
Medical

Kingston Health Pavilion

346 Washington Avenue,  Kingston, New York 12401

For Sale

$6,995,000

About 346 Washington Avenue

Class A modern Medical Office Building for sale at a 6.51 CAP rate in Uptown Kingston. Tenants include New York State Office of Mental Health, Labcorp and Medical Associates of the Hudson Valley as regional medical practice in the Mid Hudson Valley Located in Historic Uptown Kingston within walking distance of restaurants, city of Kingston and School District Dietz Stadium, Trailways Bus terminal, etc. The City of Kingston is the County seat for the County of Ulster and as such has County offices located in it, just blocks from this location.
Investment
C2
Multi-Tenant
A
Existing
1972
2008
3
6.51%
30,255 SqFt
1.9 Acres
New York State Office of Mental Health has recently renewed at the site with a new 10 year lease effective 6/1/19 in space they have occupied for over 10 years.
Labcorp is leasing a new suite increasing their size in the building by a factor of 3 with a target occupancy of 12.1.19
Medical Associates of the Hudson Valley occupies 3 suites within the building.
Low Maintenance Brick exterior.
Building was completely renovated in 2008.
NOI = $455,437
Attachments & Links
Sale_Brochure_346_Washington.pdf
live map

Joseph Deegan

Managing Director

SVN Deegan-Collins Commercial Realty

411 Washington Ave.
Suite 201
 Kingston, NY 12401

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