260-264 Clinton Avenue, Kingston, NY 12401
Local realty services provided by:CENTURY 21 Alliance Realty Group
260-264 Clinton Avenue,Kingston, NY 12401
$2,995,000
- 32 Beds
- 32 Baths
- 10,000 sq. ft.
- Multi-family
- Active
Listed by: sheneur menaker, zev eisenberg
Office: hudson modern
MLS#:20254123
Source:NY_MLSUC
Price summary
- Price:$2,995,000
- Price per sq. ft.:$299.5
About this home
Located in one of the Hudson Valley's most walkable and vibrant neighborhoods,
260 & 264 Clinton Avenue present an opportunity to own two fully rented,
income-producing multifamily assets at the heart of Uptown Kingston. Built circa
1900, these three-story buildings embody classic Hudson Valley architecture and
solid construction. On separate parcels, 264 Clinton Avenue offers 12 units on 0.19
acres, while 260 Clinton Avenue includes 20 units on 0.33 acres. A total of 32 units, neither building is restricted by ETPA laws.
Offered at a generous 8.6 cap rate, the diverse tenant base provides a stable rent
roll, with 12 units supported by nonprofit agencies through subsidized rental income.
Owner-paid utilities (except cable and internet) further simplify tenant management
and support long-term occupancy. Priced well below a replacement cost at 115,000
per unit, the property delivers dependable returns, making it a compelling acquisition
for seasoned investors and ideal for 1031 exchange buyers seeking immediate
income stability with significant future upside potential.
Positioned within Kingston's T5 Neighborhood Zone, the area's most flexible
mixed-use district, the property sits in the center of a thriving cultural and
commercial scene. Just steps from Uptown Coffee, Le Canard, Chleo, Lola's, the
Kingston Farmers Market, and Hotel Kingsley, residents benefit from walkable
access to restaurants, galleries, and nightlife. As part of the Uptown Historic
Stockade District—one of the fastest-appreciating submarkets in the Hudson
Valley—this offering combines reliable performance today with the upside of
long-term repositioning potential.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:20254123
- Added:101 day(s) ago
- Updated:November 27, 2025 at 04:34 PM
Rooms and interior
- Bedrooms:32
- Total bathrooms:32
- Living area:10,000 sq. ft.
Structure and exterior
- Year built:1900
- Building area:10,000 sq. ft.
- Lot area:0.52 Acres
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$299.5
- Tax amount:$35,050
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