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Presented by
Maryruth Perras - The Perras Group |
334-338 Broadway is an exceptional mixed use investment opportunity in the heart of one of the Hudson Valley's fastest growing commercial districts. With outstanding visibility, this property features 2 commercial storefronts, 2 residential units, an expansive commercial space that can be reimagined as a new business venture or split into two additional commercial spaces, and there's also a single family home included in this package. The property is accessed from both Broadway and Jansen Ave with many possibilities. Mixed Use & Multi-Parcel Property Portfolio rare opportunity to acquire a complete package: the primary commercial facility, and an adjacent lot fit for expansion, parking or storage, perfect for rental units or staff housing along with a single-family home for multiple sources of income. ? The main auto repair business comes with a well-maintained commercial structure featuring four service bays, radiant heat, tall ceilings capable of accommodating full-size box trucks, and heavy-duty infrastructure designed for high-performance operations. ? Natural gas is available. ? The office area is equipped with mini-splits for efficient heating and cooling, providing a comfortable workspace year-round. ? Offering includes: The property housed a successful automotive repair business with over 30 years of operation, this can be reimagined to be a whole new space. ? The property on 4 parcels includes Commercial property with four workspace bays previously used for auto shop. ? building with two store front and two apartments, auto office space and large commercial space. ? A separate single-family home and An adjacent lot offering expansion or additional parking potential Located in a high-visibility Kingston corridor on Broadway. ? This property supports steady traffic, strong customer retention, and multiple revenue streams. ? Ideal for an owner-operator or investor seeking a profitable business with real estate in a high demand area of Kingston. ? Prime Kingston Location: Situated in the vibrant City of Kingston, in a high visibility spot on Broadway that supports steady traffic, strong customer retention and exceptional accessibility. ? It’s less than two hours from New York City, making it ideal for investors and operators looking to tap into both local and downstate markets. ? The shop sits just 10 minutes from the NYS Thruway (I-87), offering seamless north-south travel. ? It’s also conveniently located near major regional connectors, including quick access to the Mid-Hudson Bridge toward Poughkeepsie, providing easy east-west commuting. ? Set in a fast-growing Hudson Valley city known for its thriving arts scene, historic charm, and expanding small-business economy, this property presents immense potential—both as a business operation and a long-term real estate investment. ? A rare chance to own an established Kingston business plus multiple income-producing properties—don’t miss this versatile and high-value add opportunity. ? If you're looking to invest where growth, energy and opportunity come together, now is your chance to be part of the Kingston Renaissance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 781.724.7726
Maryruth.Perras@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 781.490.5670
Andrew.vanDyk@raveis.com
NMLS Mortgage Loan Originator ID 23716
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $2,035 | $2,035 | $2,035 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,355 | $6,891 | $9,444 |
| Total Monthly Payment | $8,515 | $9,051 | $11,604 |
* 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.