56 Emerson Street, Kingston, NY 12401

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Property Description

A Once-in-a-Lifetime Opportunity to Own the Only Commercial Property in One of Uptown Kingston's Most Desirable Neighborhoods - Home to the Hudson Valley's #1 Deli of 2025 For the first time in nearly a decade-and only the second time since its founding in 1971-Terri's Deli and Market, an iconic local institution and the Chronogrammie winner for Best Deli in the Hudson Valley, is being offered for sale. Tucked within an upscale, densely populated residential enclave, Terri's holds the unique distinction of being the only commercial property in the neighborhood, with grandfathered zoning that ensures long-term exclusivity and security. This is not just a business-it's a cornerstone of the community, with generations of loyal patrons and a reputation built on fresh, house-made favorites and exceptional service. Over the past seven years, the current owners have thoughtfully revitalized the operation, blending time-honored tradition with modern efficiency. Significant investments have been made in systems, kitchen and equipment upgrades, and strategy-including a successful expansion into catering and delivery services. The result: a streamlined, profitable turnkey operation poised for continued growth. Whether you're an experienced operator or an ambitious entrepreneur, this is your chance to own a high-performing, legacy business with a loyal following, proven profitability, and unmatched location. Don't miss this unparalleled opportunity to write the next chapter of a local legend.

56 Emerson Street | MLS# 885073

This commercial property located at 56 Emerson Street, Kingston, NY 12401 is currently listed for sale with an asking price of $899,000. Search Kingston real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Heating: Hot Air, Natural Gas
Lot Size: 0.09 Acres
Stories: 1.0
Taxes: $18,513
Year Built: 1950

Feature Descriptions

Appliances: Cooktop, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Range, Microwave
Building Area Total: 3403
Business Type: Deli/Catering, Grocery
Cap Rate: 10
Days on Site: 333
Exterior: Stone, Wood Siding
Flooring: Combination, Concrete, Hardwood, Linoleum, Vinyl
House Faces: West
Lot Features: Level, Paved
On Market Date: 2025-07-03
Parcel Number: 0800-056.090-0006-033.000-0000
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Security: yes
Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Video Cameras
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Four Seasons Sothebys Intl
Agency Contact: 845-331-3100

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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