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260-264 Clinton Avenue

Kingston, NY 12401
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Bed 32

Bed

Bath 32

Bath

SqFt10,000

Sqft

Acres0.52

Acre(Lot)

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 10 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 suppo rt 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,500,000

AD Id : 72223093

MLS Id : 20254123

Beds : 32

Lot Size : 0.52 Acre

Living Area Size : 10,000

Year Built : 1900

County : Ulster

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Feature Features

  • Bedroom Information

    Total beds: 32

    Bathroom Information

    Total Baths: 32

  • Building Information

    Year Built: 1900 Building Area Total: 10000 Private Pool: No

  • Lot Information

    Main Square Feet: 0.52 Acres Lot Size Acres: 0.52 Lot Size Square Feet: 22651.2

  • Listing Price Information

    Listing Price: $2500000 Original Price: $3700000

  • Tax Information

    Parcel Number: 48.80 Tax Lot: 15 Tax Block: 1 Annual Tax: $35050
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
195 North Street, Kingston, NY, 12401 $279,900 3 2 --
59 Gill St. Street, Kingston, NY, 12401 $325,000 7 -- 1,897 1,897 SqFt
65 First Avenue, Kingston, NY, 12401 $199,000 6 6 3,360 3,360 SqFt
65 First Avenue, Kingston, NY, 12401 $199,000 -- 2 --
109 Abeel Street, Kingston, NY, 12401 $790,000 2 2 1,750 1,750 SqFt
109 Abeel Street, Kingston, NY, 12401 $790,000 2 2 --
112 Hone Street, Kingston, NY, 12401 $125,000 4 2 2,401 2,401 SqFt
102 Clifton Avenue, Kingston, NY, 12401 $474,900 2 2 --
9 Brewster Street, Kingston, NY, 12401 $599,000 4 2 2,485 2,485 SqFt
79-81 Foxhall Ave Avenue, Kingston, NY, 12401 $389,900 5 -- 2,535 2,535 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 07/25/2026 @ 01:28

MLS: 20254123 LISTED BY: Sheneur Menaker, Hudson Modern SOURCE: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS)

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