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17 Downs Street

Kingston, NY 12401
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Bed 8

Bed

Bath 0

Bath

SqFt4,074

Sqft

Acres0.15

Acre(Lot)

A rare six-unit asset in one of Kingston's most opportunistic zoning transects. 17 Downs Street delivers a strong 8.19 cap rate on a 625,000 ask while sitting in a T5-Neighborhood (T5N) zone built for exactly the kind of upside that's getting harder to find in the Hudson Valley. The unit mix is purpose-built for flexibility: two 2-bedrooms, two 1-bedrooms, and two studios, a spread that lets an owner play multiple tenant profiles -- long-term residential stability in the larger units, premium furnished or transitional rents in the smaller ones. Here's where T5N earns its keep. Kingston's form-based code reserves its full short-term-rental (STR-F) permit type for T4 and T5 transects only -- 17 Downs sits in that eligible band. The same zone is written to encourage a diverse mix of resid ential building types, general retail, and small to medium-sized neighborhood-supporting commercial uses, putting boutique lodging, live-work, and ground-floor hospitality concepts genuinely on the table for a creative buyer. In a walkable, restaurant-dense city that has become a legitimate Hudson Valley destination, that hospitality optionality is the differentiator -- most multifamily product can't touch it. Built in 1950, with the bones and scale that make Kingston's housing stock so livable, this is a clean opportunity with a second gear for an operator who wants to lean into Kingston's visitor economy.

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Detail Ic Property Details

Property Type : Residential Income

Price : $625,000

AD Id : 81594269

MLS Id : 20263090

Beds : 8

Lot Size : 0.15 Acre

Living Area Size : 4,074

Year Built : 1950

County : Ulster

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Feature Features

  • Bedroom Information

    Total beds: 8

  • Building Information

    Year Built: 1950 Building Area Total: 4074 Private Pool: No

  • Lot Information

    Main Square Feet: 0.15 Acres Lot Size Acres: 0.1492 Lot Size Square Feet: 6499.15

  • Listing Price Information

    Listing Price: $625000

  • Tax Information

    Parcel Number: 56.25-1-24 Tax Lot: 24 Tax Block: 1 Annual Tax: $16462
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
195 North Street, Kingston, NY, 12401 $309,000 3 2 --
59 Gill St. Street, Kingston, NY, 12401 $325,000 7 -- 1,897 1,897 SqFt
65 First Avenue, Kingston, NY, 12401 $299,000 -- 2 --
65 First Avenue, Kingston, NY, 12401 $299,000 6 6 3,360 3,360 SqFt
109 Abeel Street, Kingston, NY, 12401 $790,000 2 2 --
109 Abeel Street, Kingston, NY, 12401 $790,000 2 2 1,750 1,750 SqFt
62-64 Hunter Street, Kingston, NY, 12401 $615,000 4 -- 2,292 2,292 SqFt
111 Wurts Street, Kingston, NY, 12401 $450,000 6 2 --
111 Wurts Street, Kingston, NY, 12401 $450,000 6 -- 2,846 2,846 SqFt
112 Hone Street, Kingston, NY, 12401 $125,000 4 2 2,401 2,401 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Ulster County Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Ulster County Board of REALTORS®, Inc.

ByOwner last updated this listing 06/10/2026 @ 12:26

MLS: 20263090 LISTED BY: Sheneur Menaker, Hudson Modern SOURCE: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS)

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