• MLS® #: 20213508
  • 12-16 Thomas Street
  • Kingston, NY 12401
  • $2,450,000
  • 15964 SQ. Feet, 0.38 Acres
  • Commercial
  • Agent: Gregory Berardi
  • Office: 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.

Essential Information

  • MLS® #20213508
  • Price$2,450,000
  • Square Footage15,964
  • Acres0.38
  • Year Built1950
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusACTIVE

Community Information

  • Address12-16 Thomas Street
  • AreaKINGSTON,CITY
  • CityKingston
  • CountyUlster County
  • StateNY
  • Zip Code12401

Amenities

  • GaragesN

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

Parking

Parking Spaces 20+, LOT-PAVED, OFF STREET, OTHER/SEE REMARKS

Interior

  • Has BasementYes

Heating

NATURAL GAS AVAILABLE, DUCTLESS MINI SPLIT SYS, FORCED AIR

Cooling

DUCTLESS SPLIT AC UNITS, CENTRAL

Basement

FULL, PARTIAL, SLAB, OTHER/SEE REMARKS

Exterior

  • Lot DescriptionLANDSCAPED, LEVEL
  • ConstructionFRAME/STICK, MASONRY

School Information

  • DistrictKINGSTONCONSOLD
  • ElementaryG.WASHINGTON

Additional Information

  • Date ListedSeptember 18th, 2021
  • Days on Market130
  • ZoningCOM
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