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460 Albany Ave

Kingston, NY 12401
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Bed 5

Bed

Bath 2

Bath

Located in the heart of the rapidly evolving Midtown Kingston corridor, this mixed-use investment property offers immediate cash flow with substantial upside potential. The property consists of three units, including two occupied residential apartments and one vacant commercial space with the possibility of conversion to an additional residential unit, subject to municipal approvals. Unit one features a spacious two-bedroom layout, while unit two offers a large two-bedroom floor plan with an additional den, ideal for a home office, guest room, or flex space. Both residential units are occupied by paying tenants in good standing, providing stable existing income from day one. The vacant commercial space presents a compelling value-add opportunity for investors seeking to maximize returns through redevelopment or residential conversion. With a private parking lot and flexible configuration options, the property is well-positioned to capitalize on the continued growth and demand in Midtown Kingston. Projected rental income has the potential to exceed $5,000 per month once fully optimized. Conveniently located near restaurants, shops, the arts district, Uptown Kingston, and the Rondout waterfront, this is an opportunity to invest in one of the Hudson Valley’s most active and expanding markets. Ideal for investors, owner-occupants, or those seeking a mixed-use asset with long-term growth potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $395,000

AD Id : 78250175

MLS Id : 996901

Beds : 5

Year Built : 1950

County : Ulster

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric

  • Building Information

    Year Built: 1950 Building Area Total: 4544 Construction Materials: Frame Private Pool: No

  • Lot Information

    Lot Size Square Feet: 24282

  • Listing Price Information

    Listing Price: $395000

  • Tax Information

    Parcel Number: 510800.048.074-0001-046.000/0000 Annual Tax: $13156

  • Parking Information

    Parking Lot

  • School Information

    Elementary School: Harry L Edson School
    Junior High School: J Watson Bailey Middle School
    Senior High School: Kingston High School
  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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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
40 2nd Avenue, Kingston, NY, 12401 $379,000 3 2 1,480 1,480 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 1,750 1,750 SqFt
109 Abeel Street, Kingston, NY, 12401 $790,000 2 2 --
62-64 Hunter Street, Kingston, NY, 12401 $615,000 4 -- 2,292 2,292 SqFt
112 Hone Street, Kingston, NY, 12401 $125,000 4 2 2,401 2,401 SqFt
112 Hone Street, Kingston, NY, 12401 $125,000 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. 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 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/05/2026 @ 15:42

MLS: 996901 LISTED BY: Siobhan Brosnan, Exit Realty Connections 845-298-6034 SOURCE: OneKey MLS

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