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Renovated Four-Unit Apartment Building
For Sale
$599,000
Pending

361 Washington Avenue, Kingston, NY 12401

Renovated multifamily property with private storage, in-building laundry, and updated apartment finishes.

Property Size3,264 SF
Days on Market44

Property Features for 361 Washington Avenue

General Information

Standard status Pending
Size 3,264 SF
Property subtype Quadruplex

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x one-bedroom
Multifamily Units 4

Additional Details

Cap Rate 7%

Taxes and HOA fees

Annual Taxes $16,951

Amenities

granite countertops
stainless steel appliances
storage unit
wall-mounted heating and cooling units
washer and dryer

Building Details

Building Size 3,264 SF
Year Built 1960
Listing Agency: Weichert, REALTORS The Spiesma
Listed By: Dorcinda Knauth · License #10401231684
Source: Gristmillrealestate
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 12:00AM

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 Weichert, REALTORS The Spiesma

Investment Insights

Based on property information with market context.

Located at 361 Washington Avenue in Kingston, this multifamily property contains four separate one-bedroom apartments. The building was constructed in 1960 and has been renovated with honed granite countertops, new stainless steel appliances, and wall-mounted heating and cooling units operated by remote control. Each apartment includes a dedicated storage unit in the private backyard, while an in-building washer and dryer serve the property.

The property is a one-block walk from a park and the NYC-bound bus. The New York State Thruway is approximately a three-minute drive away, and nearby destinations include coffee houses, breweries, diners, and bookstores. The reported cap rate is 7.

Key Highlights

  • Four separate one‑bedroom apartments
  • Renovated building originally constructed in 1960
  • Honed granite countertops and new stainless steel appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Butcher

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,003
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?
Quadplex - Renovated multifamily property with private storage, in-building laundry, and updated apartment finishes.
Where is this quadplex located?
The property is located at 361 Washington Avenue Kingston, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four separate one‑bedroom apartments; Renovated building originally constructed in 1960; Honed granite countertops and new stainless steel appliances
More about this property
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