118 Grand Street, Kingston, NY, 12401
About This Home
Prime opportunity in the heart of Kingston. 118 Grand Street offers an exceptional opportunity for a business owner, lease, or live-work. This solid 1,264 SF, 2 full bath commercial/residential building features a versatile layout well-suited for professional offices, retail, mixed-use conversion, or creative space. The building has the potential to be easily divided in half as two separate commercial rentals or converted into two residential living spaces, or even converted to single-family. The building is currently used as a professional office with two full bathrooms and a kitchenette. Residential financing is available through a low-down FHA 230k renovation loan for the conversion. Property is currently taxed as commercial and if converted to single family the tax rate will go down. Building is wide open space and bedrooms would need to be framed out to convert the building to a 2-bedroom home.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1950
Materials
- Foundation: Block
- Roof: Built-Up
- Construction materials: Block,Brick,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Block,Concrete,Daylight,Interior Entry,Partial
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Open Floorplan
- Flooring: Laminate,Luxury Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,264
Heating & Cooling
- Heating features: Baseboard,Hot Water,Natural Gas
- Cooling features: Multi Units
Interior Area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
Property
Details
- Parcel number: 56.26
- Zoning: T4N
Features
- Stories: 1
Lot
- Lot size: 2,613 sqft
- Features: City Lot,Corner Lot
- Lot size dimensions: 50 x 56
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Ulster County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $95 | $1,140 |
| Property Taxes | $404 | $4,848 |
| Electricity | $246 | $2,954 |
| Total | $2,261 | $27,132 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $299,900 |
| 2026-06-19 | Listed for sale | $325,000 |
| 2026-04-03 | Listing removed | $325,000 |
| 2025-10-02 | Listed for sale | $325,000 |
| 2007-05-02 | Sold | $25,000 |
| 2006-08-29 | Sold | $89,339 |
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