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Triplex with On-Demand Heat and Hot Water
For Sale
$599,900
Pending

113 Hone Street, Kingston, NY 12401

Residential Income, Kingston, NY

Property SizeContact for details
Lot Size0.09 Acres
Days on Market272

Property Features for 113 Hone Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Rooms Bedroom 3, Bedroom 1, Basement, Bedroom 2
Parking features Garage
Interior features Cathedral Ceiling(s), High Ceilings
Basement Walk-Out Access, Finished
Elementary school district Kingston
Middle school district Kingston
High school district Kingston
Directions From Kingston take Broadway to Rondout District. Bear right onto Mc Entee St then left onto Hone St. 113 is second house on the right.
Standard status Pending
APN 0800-056.042-0005-012.000-0000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14045

Utilities

Sewer type Public Sewer
Heating system Baseboard, Radiant
Water source Public

Building Details

Year built 1888
Number of units 3
Building materials Frame
Listing Agency: eXp Realty
Listed By: Martin Krakower
Added: Nov 21, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:06AM
MLS# 938038

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-family triplex at 113 Hone Street, Kingston, NY was built in 1888 and offers a mix of updated living space and flexible occupancy. Each unit features hardwood floors and updated finishes, with interior character elements including cathedral ceilings and high ceilings. The property also features a new on-demand heating and hot water system, alongside radiant and baseboard heating. A private driveway and a one-car garage provide off-street parking, and Bilco doors offer convenient access to the basement.

Rental status includes a leased first-floor unit with guaranteed income through April 2026, a flexible month-to-month lease on the second floor, and a fully renovated, vacant basement unit ready for a new tenant or personal use. The home is located in Kingston’s Rondout District, a short walk to the waterfront and to restaurants, cafes, galleries, and boutique shops along The Strand.

Public water and public sewer are available, and the construction is frame.

Key Highlights

  • 0.0857‑acre triplex lot built in 1888
  • New on‑demand heating and hot water system plus radiant and baseboard heating
  • Leased first‑floor unit with guaranteed income through April 2026

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Law Firm Carpet & Flooring Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 12401, NY

35,493
Population
16,914
Households
2.1
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
58.9 sq mi
ZIP Area
603
Density / Sq Mi
$67,426
Median Household Income
$42,503
Median Earnings
$1,300
Median Rent
$285,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family triplex with updated units, on-demand heating and hot water, and an income stream through April 2026.
Where is this triplex located?
The property is located at 113 Hone Street Kingston, NY.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 0.0857‑acre triplex lot built in 1888; New on‑demand heating and hot water system plus radiant and baseboard heating; Leased first‑floor unit with guaranteed income through April 2026
More about this property
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