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Triplex with Vacant Commercial Space
For Sale
$395,000

460 Albany Avenue, Kingston, NY 12401

Three-unit property with two occupied residential apartments and a vacant commercial space, plus a private parking lot.

Property Size3,200 SF
Days on Market108

Property Features for 460 Albany Avenue

General Information

Standard status Active
Size 3,200 SF
Property subtype Triplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $13,714

Building Details

Building Size 3,200 SF
Year Built 1950
Listing Agency: Exit Realty Connections
Listed By: Siobhan Brosnan
Source: Berardirealty
Added: May 21 Changed: Aug 27 Last Checked: Sep 5 at 4:41AM

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 Exit Realty Connections

Investment Insights

Based on property information with market context.

This three-unit mixed-use triplex includes two occupied residential apartments and one vacant commercial space. Unit one offers a spacious two-bedroom layout, while unit two features a large two-bedroom floor plan with an additional den. The vacant commercial unit provides a redevelopment and/or potential conversion pathway to an additional residential unit, subject to municipal approvals. Both occupied apartments are paying tenants in good standing.

The property is located in the Midtown Kingston corridor and is positioned near restaurants, shops, the arts district, Uptown Kingston, and the Rondout waterfront.

On-site private parking and flexible configuration options support a range of real estate strategies, from improving the existing commercial space to pursuing residential expansion with required approvals.

Key Highlights

  • Three‑unit mixed‑use property with two occupied residential apartments and one vacant commercial space.
  • Two‑bedroom unit #1 and a second two‑bedroom unit with an additional den for flexible use.
  • Both residential units are occupied by paying tenants in good standing, providing stable income from day one.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Carpet & Flooring Store Skin Care Clinic Locksmith

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

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?
Triplex - Three-unit property with two occupied residential apartments and a vacant commercial space, plus a private parking lot.
Where is this triplex located?
The property is located at 460 Albany Avenue Kingston, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑unit mixed‑use property with two occupied residential apartments and one vacant commercial space.; Two‑bedroom unit #1 and a second two‑bedroom unit with an additional den for flexible use.; Both residential units are occupied by paying tenants in good standing, providing stable income from day one.
More about this property
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