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32-Unit Multifamily Property
For Sale
$2,500,000

260-264 Clinton Avenue, Kingston, NY 12401

Two historic, three-story buildings provide fully occupied multifamily housing with subsidized rental support and owner-paid utilities.

Property Size10,000 SF
Days on Market361

Property Features for 260-264 Clinton Avenue

General Information

Standard status Active
Size 10,000 SF
Property subtype Multi Family
Zoning T5 Neighborhood Zone
Occupancy 100%

Additional Details

Cap Rate 10%
Multifamily Units 32

Taxes and HOA fees

Annual Taxes $35,050

Building Details

Building Size 10,000 SF
Year Built 1900
Buildings 2
Stories 3
Tenancy Multi
Listing Agency: Hudson Modern
Listed By: Sheneur Menaker · License #10401325821
Source: Gristmillrealestate
Added: Sep 4, 2025 Changed: Aug 29 Last Checked: Aug 29 at 1:49PM

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 offering combines two separate three-story multifamily buildings constructed circa 1900 on individual parcels. The properties contain 32 units in total: 20 units at 260 Clinton Avenue on 0.33 acres and 12 units at 264 Clinton Avenue on 0.19 acres. Both buildings are fully rented, and neither is subject to ETPA restrictions.

The operating profile includes 12 units receiving rental support through nonprofit agencies, while ownership pays utilities other than cable and internet. The properties are located within Kingston’s T5 Neighborhood Zone and the Uptown Historic Stockade District, surrounded by restaurants, galleries, nightlife, and named local businesses including Uptown Coffee, Le Canard, Chleo, Lola’s, the Kingston Farmers Market, and Hotel Kingsley. The offering carries a 10 cap rate and includes two distinct assets within the same walkable commercial and cultural setting.

Key Highlights

  • 32 total units across two separate multifamily buildings
  • 260 Clinton Avenue includes 20 units on 0.33 acres
  • 264 Clinton Avenue includes 12 units on 0.19 acres

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Locksmith Home Appliance Store Parking Lot & Garage Butcher Tech Support Center Tanning Salon

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

32
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,985
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two historic, three-story buildings provide fully occupied multifamily housing with subsidized rental support and owner-paid utilities.
Where is this apartment building located?
The property is located at 260-264 Clinton Avenue Kingston, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 32 total units across two separate multifamily buildings; 260 Clinton Avenue includes 20 units on 0.33 acres; 264 Clinton Avenue includes 12 units on 0.19 acres
More about this property
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