Photos courtesy of Severine Picquet
The mixed-use edifice in Ulster County features a two-bedroom apartment, a rentable loft, and an iconic French restaurant.
Address: 276 Fair St, Kingston
Description: Kingston’s Stockade District is full of culture, charm, and history. On Fair St stands a gorgeous 1950s building with an iconic Ulster County eatery, Le Canard Enchaîné Restaurant. The two-story mixed-use structure also features a pair of modern apartment units, presenting a lucrative investment opportunity. Owners can reside in the larger two-bedroom unit, while the smaller loft-style unit can be rented out through Airbnb. Le Canard is a long-term tenant of 276 Fair St.
Jean-Jacques Carquillat, executive chef of Le Canard, serves classic French cuisine. Several menu items have remained intact and unchanged in almost a quarter of a century. Patrons visit the Kingston locale and are transported to a hip Parisian bistro—think swanky bars in Midnight in Paris or the delightful café in Amélie. The restaurant features three white tablecloth dining rooms, three eclectic bar areas, and timeless décor. Guests can revel in the original pressed tin ceilings, exposed brick, and fully renovated kitchen.
For dinner, diners can choose familiar French staples like beef Bourguignon, cassoulet, and, of course, snails. Carquillat prides himself on curating an authentic experience for Ulster County residents and visitors alike. Living above his kitchen may cause a spike in your daily appetite.
Up on the second floor, visitors will find two spacious apartments. Unit 1 features two bedrooms, a master bathroom and a half bath, and tons of comfortable living spaces. The master bath is especially luxurious, since residents can relax and recharge in a sleek walk-in shower and enjoy the convenience of a large double vanity sink. Extensive renovations impart a decidedly modern feel in this apartment.
A cozy dining room sets the mood for anything from quick and casual breakfasts to intimate dinners. An open layout connecting the living room to the dining room creates a hospitable atmosphere for guests. Hardwood flooring adds an extra bit of classic style to this space.
Just because Unit 1 sites above a renowned French restaurant, doesn’t mean it can’t be the place for an enjoyable meal. The kitchen’s distinct combination of state-of-the-art appliances and original exposed brick accents reflect the entire property. Old meets new at this Stockade District building. A dishwasher, an oven with a stovetop, and a range hood set up any home chef. Plus, an attached dining space permits additional guest seating for big meals and holidays.
Unit 2 features a loft-style space, with more of the original exposed brick and pressed tin ceilings. This apartment presents wonderful Airbnb potential, and makes for a great guest space. Large windows bathe the space in natural light and offer an amazing view of the surrounding Stockade district. The bathroom in Unit 2 features a sizable bathtub, a small working area off the living room, and a quaint kitchen. Combined, the apartments on the second floor make up 3,596 sq ft of available space. An additional unfinished area resides in the basement, under Le Canard. This production space is great for additional storage.
Asking price: $1,800,000
Selling points: Kingston‘s Stockade District is a vibrant neighborhood rich with history and activities. Boutiques offer top-tier shopping, art galleries engage the senses, and many farmers’ markets and festivals keep things exciting. Strolling through the neighborhood reveals an incredible history of architecture, showcasing Georgian, Victorian, Romanesque, and Art Deco styles, to name a few periods. Many iconic restaurants are just a short walk away, including the tenant Le Canard downstairs. From the eatery to the Airbnb, revenue options sweeten the deal. The walk-in apartment blends original details and accents with modern appliances and furnishings for a distinctly “Kingston” living experience.
Listing agents: Severine Picquet, am Global Consulting LLC