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Six-Unit Apartment Building
For Sale
$625,000

17 Downs Street, Kingston, NY 12401

Mixed apartment configuration with studios, one-bedroom, and two-bedroom units in T5N zoning.

Property Size4,074 SF
Days on Market86

Property Features for 17 Downs Street

General Information

Standard status Active
Size 4,074 SF
Property subtype Multi Family
Zoning T5N

Financials

Asking Price $625,000
Cap Rate 8.19%

Units

Unit Mix 2 x 2BR, 2 x 1BR, 2 x studio
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $16,462

Building Details

Building Size 4,074 SF
Year Built 1950
Listing Agency: Hudson Modern
Listed By: Sheneur Menaker · License #10401325821
Source: Berardirealty
Added: Jun 8 Changed: Aug 29 Last Checked: Aug 31 at 12:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hudson Modern

Investment Insights

Based on property information with market context.

This six-unit apartment property at 17 Downs Street includes two two-bedroom units, two one-bedroom units, and two studios. Constructed in 1950, the building offers a varied residential configuration within Kingston’s T5-Neighborhood (T5N) zoning district.

The zoning framework supports a range of residential building types, general retail, and small- to medium-sized neighborhood-supporting commercial uses. T5N is also within the T4 and T5 transects identified for the STR-F permit type. The property carries an 8.19 cap rate, providing an additional operating metric for evaluation.

Key Highlights

  • Six total units: two 2‑bedrooms, two 1‑bedrooms, and two studios
  • T5‑Neighborhood (T5N) zoning district
  • T5N falls within the T4 and T5 transects eligible for the STR‑F permit type

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Storage Facility Catering Service

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,665
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?
Apartment building - Mixed apartment configuration with studios, one-bedroom, and two-bedroom units in T5N zoning.
Where is this apartment building located?
The property is located at 17 Downs Street Kingston, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Six total units: two 2‑bedrooms, two 1‑bedrooms, and two studios; T5‑Neighborhood (T5N) zoning district; T5N falls within the T4 and T5 transects eligible for the STR‑F permit type
More about this property
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