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 Features for 260-264 Clinton Avenue
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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
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Demographics for 12401, NY
Market
Vacancy Rate% for Multifamily in Northeast region