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Presented by
Linda's Team |
269-291 Abeel Street, Kingston, NY, 12401 | $55,000
Located in Kingston’s Historic Rondout District, this parcel offers a rare opportunity for a buyer looking to capitalize on dramatic topography with potential to unlock views and gain easy access to the Rondout waterfront promenade, local marinas, boutique shopping, and the district’s renowned dining scene. The land features lower frontage on Abeel Street across from Block Park, with a significant elevation rise to a buildable plateau fronting on Hudson Street. From this upper vantage point, the property provides seasonal views of the Wurts Street Suspension Bridge where you can see potential to open up views to the other side of the Rondout Creek. Situated within the T4 Neighborhood (T4N) zone of the City of Kingston, this parcel offers a versatile range of residential or mixed-use development possibilities. While the lower portion along Abeel Street is within the flood plain, the elevated buildable area on Hudson Street is entirely unaffected, providing a secure site for construction. For the buyer ready to leverage the site's distinct characteristics, this parcel offers a rewarding opportunity in the heart of the Rondout, combining significant investment potential with an ideal neighborhood location.
Features
- Lot Desc: Sloped, Wooded
- Elem. School: Harry L Edson School
- Middle School: J Watson Bailey Middle School
- High School: Kingston High School
- School District: Kingston
- MLS#: 878868
- Days on Market: 277 days
- Website: https://www.raveis.com
/prop/878868/269291abeelstreet_kingston_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Linda's TeamLuxury Properties Specialists
860.209.7044
LindasTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 10930
203.641.8287
Dave.Beckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Diane PadelliInsurance Sales Director, William Raveis Insurance
203.444.0494
Diane.Padelli@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
269-291 Abeel Street, Kingston, NY, 12401
$55,000
Linda's Team
Luxury Properties Specialists
William Raveis Real Estate
Phone: 860.209.7044
LindasTeam@raveis.com
Dave Beckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $44,000 | $44,000 | $44,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $267 | $278 | $365 |
| Total Monthly Payment | $342 | $353 | $440 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535