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Mixed-Use Retail and Apartments
For Sale
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Pending

432 Albany Ave, Kingston, NY 12401

Fully rented mixed-use building offers retail space plus two apartments, each with its own entrance.

Property Size3,800 SF
Days on Market148

Property Features for 432 Albany Ave

General Information

Standard status Pending
Size 3,800 SF
Property subtype Retail, Multifamily, Office, Mixed Use
Occupancy 100%

Additional Details

Cap Rate 8%
Highway Access Yes
Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Hudson Valley Properties Kingston
Listed By: Ashton Brodhead-Trimm · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Sep 4 at 9:57AM

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 Berkshire Hathaway HomeServices Hudson Valley Properties Kingston

Investment Insights

Based on property information with market context.

Recently renovated, fully rented mixed-use building with retail space at the ground level and two apartments in the front and back of the structure. The front two-bedroom apartment includes an attached small office area and a mini split system for seasonal heating and cooling. The back apartment is entered via its own entrance and features an open layout between the living room and kitchen, with one bedroom and a den for storage, along with a tiled stand-up shower.

The ground level provides approximately 2,600 square feet of store space, and the property includes an attached garage with substantial space and LED commercial lighting. Parking is supported by included additional parking at 438 Albany Ave. Utilities are separate, with upgraded meters and risers, and the roof is less than four years old; electric water heaters are fairly new. The basement is unfinished.

The property is located near Uptown Kingston, shopping areas, and the New York State Thruway, offering convenient access to surrounding retail and transportation corridors.

Key Highlights

  • Fully rented mixed‑use building with retail store space plus 2 apartments, each with its own entrance
  • Front 2‑bedroom apartment approx 700 SF with mini split system, spacious living room, small attached office area, and kitchen plus spacious bathroom
  • Back apartment approx 500 SF with one bedroom and den (extra storage), open concept living room and kitchen, and tiled stand‑up shower

Property Analytics

Current Use

BRAVO/Pregnancy Support Center-Ulster Social Service Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Locksmith Pet Grooming Service Florist

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

449
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?
Mixed-use property - Fully rented mixed-use building offers retail space plus two apartments, each with its own entrance.
Where is this mixed-use property located?
The property is located at 432 Albany Ave Kingston, NY.
What are key features of this property?
This property features: Fully rented mixed‑use building with retail store space plus 2 apartments, each with its own entrance; Front 2‑bedroom apartment approx 700 SF with mini split system, spacious living room, small attached office area, and kitchen plus spacious bathroom; Back apartment approx 500 SF with one bedroom and den (extra storage), open concept living room and kitchen, and tiled stand‑up shower
More about this property
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