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701 Boices Ln
Kingston, NY 12401

Land For Sale · 26.50 AC

Investment Highlights

  • This property already is serviced by municipal water and sewer and electrical services.
  • Located just minutes from I-87, the property is conveniently situated.
  • Flexible zoning allows for a multitude of uses.
  • Existing rental income and site improvements provide immediate cash flows.

Executive Summary

26.5 acres adjacent to the former IBM (iPark 87) and a short drive to I-87 in an active manufacturing warehouse, office, and retail commercial corridor in Kingston, NY. Very flexible Office and Manufacturing Zoning (OM) with a multitude of potential uses. Permitted uses include: multi-family, hospital, education, hotel, kennel, office/medical, manufacturing, heavy industrial, junk yard, recycle yard, self-storage, and many more. This property is serviced by municipal water/sewer and electrical services. Excellent potential for large warehouse/distribution facility or multi-family development. Zoning allows 1 dwelling per 10,000 feet with a 2,500 square foot recreation area. Currently the property has 6 rental properties, barns, and storage buildings. Located on a private cul-de-sac road and borders the Esopus Creek. Minutes to major highways including I-87 and Route 9W.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Office
  • Multifamily
  • Hospital
  • Hotel
  • Medical
  • Recycling Centre
  • Self Storage
  • Veterinarian or Kennel
Total Lot Size 26.50 AC

1 Lot Available

Lot

Price $4,589,024 CAD
Price Per AC $173,171 CAD
Lot Size 26.50 AC

Description

This well situated property is located adjacent to the former IBM (iPark 87) and is only a short drive from I-87. The property is ideal for a multitude of uses but features a variety of current improvements already in place.

zoning

Zoning Code OM (Office and Manufacturing)
OM (Office and Manufacturing)
  • Listing ID: 28729928

  • Date on Market: 2023-06-12

  • Last Updated:

  • Address: 701 Boices Ln, Kingston, NY 12401

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