NOT LISTED FOR SALE

256 Washington Ave Kingston, NY 12401

Estimated Value: $2,331,065

-- Bed
17 Baths
-- Sq Ft
0.59 Acres

Last Sold October 10, 2022

Last sale price $800,000

Est. 191% increase in value since last sale

Current estimated payment $16,153/month

142 Days on Market

Highlights

  • Additional Residence on Property
  • Recreation Room
  • Finished Attic
  • Kingston High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of October 2022

Uptown Kingston Opportunity for the investor with entrepreneurial vision! In excess of 17,000 ft2, made of of three classic Kingston Victorians that were joined together, under a special use permit, to allow for Inn/Lodge use for 40 rooms with 73 beds! Central Commissary Kitchen, an abundance of common area spaces, off street parking. It is a viable possibility to return these buildings to their original demeanor, and produce 3, 3 family homes, plus a two family converted garage in rear, and separate into 3 independent parcels. Variances for this currently being applied for. Property currently operated as boarding house with 73 beds and 40 rooms. Full financials available to interested, qualified buyers. Each building has potential of tremendous character. Presently zoned R-2 with variance for present use.

Last Agent to Sell the Property

Nan Potter

Potter Realty License #49PO1138679 Listed on: 12/03/2020

Last Buyer's Agent

Greg Berardi

Berardi Realty License #10311209045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,555

Year Built

  • Built in 1925

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 172.9x185
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 17 Bathrooms
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Finished Attic

Flooring

  • Wood
  • Carpet
  • Linoleum

Schools

  • G.Washington K-4 Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Additional Residence on Property
  • City Lot

Community Details

  • No Home Owners Association
  • 40 Units

Listing and Financial Details

  • The owner pays for all utilities
  • Legal Lot and Block 36 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,555

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.59
  • Co List Office Phone: 845-331-0898
  • MLS Status: Closed
  • Master Plan Zoning: R-2
  • Location Tax and Legal:Tax Block: 4
  • General Property Information Lot Size Acres: 0.59
  • General Property Information Lot Size Dimensions: 172.9x185
  • Flooring:Carpet: Yes
  • Sewer:Public Sewer: Yes
  • Flooring:Hardwood: Yes
  • Other Structures Second Residence: Yes
  • Flooring:Linoleum: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal:Tax Annual Amount: 38555.0
  • Roof Asphalt3: Yes
  • Roof:Shingle: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Basement: Full
  • Flooring: Carpet, Hardwood, Linoleum, Varies
  • Full Basement: Yes
  • Attic Features:Finished2: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Construction Type: Frame
  • Other Structures: Second Residence
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Hot Water, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Recreation Room: Yes

Lot Info

  • Lot Features: City Lot, Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Dimensions: 172.9x185
  • Lot Size Sq Ft: 25700.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 38555.0
  • Tax Block: 4
  • Tax Lot: 36

MLS Schools

  • Elementary School: G.Washington K-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
No Partners Llc
Bought by
256 Washington House Llc
Current Estimated Value
$2,331,065

Purchase Details

Listed on
Dec 3, 2020
Closed on
Oct 4, 2022
Sold by
Stockade Group Llc
Bought by
No Partners Llc
Seller's Agent
Nan Potter
Potter Realty
Buyer's Agent
Greg Berardi
Berardi Realty
List Price
$1,200,000
Sold Price
$800,000
Premium/Discount to List
-$400,000
-33.33%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.92%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
256 Washington House Llc $2,000,000 None Available
No Partners Llc $800,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stockade Group Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Sold $800,000 0.0% --
04/23/2021 04/23/21 Off Market $800,000 -- --
04/23/2021 04/23/21 Pending -- -- --
01/31/2021 01/31/21 Price Changed $1,050,000 -12.5% --
12/02/2020 12/02/20 For Sale $1,200,000 -- --
Source: Hudson Valley Catskills Region Multiple List Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $40,684 $762,000 $218,000 $544,000
2023 $40,374 $762,000 $218,000 $544,000
2022 $39,197 $762,000 $218,000 $544,000
2021 $39,197 $762,000 $218,000 $544,000
2020 $38,556 $762,000 $218,000 $544,000
2019 $22,947 $762,000 $218,000 $544,000
2018 $37,496 $693,000 $209,200 $483,800
2017 $34,416 $630,000 $209,200 $420,800
2016 $33,183 $600,000 $209,200 $390,800
2015 -- $600,000 $209,200 $390,800
2014 -- $600,000 $209,200 $390,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 20205093

Hudson Valley Catskills Region Multiple List Service

APN: 0800-056.090-0004-036.000-0000