www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32221379
32221402

21 MAIN ST, KINGSTON, NY 12401

ZE
NY 10401321002
Hudson Modern
Listed by Hudson Modern
$1,600,000
36 days on market
Updated 30 days ago
Opportunity zone

21 Main St Kingston NY

Details
APN 510800 48.331-4-14
Property Type Multifamily
Sub Type Apartment Building, Cottage
Square Footage 6,684
Units 12
Cap Rate 8.6%
NOI $137,586
Pro-Forma Cap Rate 11.12%
Pro-Forma NOI $177,920
Class B
Year Built 1900
Stories 3
Lot Size (SqFt) 9,072
Zoning T5N

​High-yield 11 unit multifamily in Uptown Kingston

Marketing description

Built in the early 1900's, this classic Kingston Victorian has the kind of presence you can't

replicate--steep front gable, layered rooflines, projecting bay windows, and a full-width covered porch that still functions as intended. The original structure remains intact in all the ways that matter: clapboard siding, strong proportions, and a raised foundation that gives the building both scale and durability. With the exception of the rear cottage which is completing a renovation, 10 units are fully leased, and none are subject to Kingston's ETPA rent control laws.

The main building offers a balanced mix of studios and one-bedroom units, supported by new roofs, recent improvements to kitchens, baths, and core systems, along with extensive copper plumbing infrastructure and updated mechanicals. Individually metered electric service for each unit, with electric ranges. A complete reimagining of the rear cottage into a modern four-bedroom residence will be delivered fully completed and leased at closing.

Set within the flexible T5N zoning district and moments from the Stockade District, Uptown retail, and regional transit, the property holds long-term optionality while performing today. The location, infrastructure, and tenant profile converge into a clean, efficient investment--one that feels considered rather than assembled, and positioned to hold its ground and grow in value as the market continues to mature.

Investment highlights

  • Newly reimagined rear cottage delivered as fully leased 4-bedroom at closing
  • Strong unit mix of studios and one-bedrooms with consistent demand
  • Recent upgrades include kitchens, baths, boiler, and hot water systems
  • Located in T5N zoning allowing flexible residential and mixed-use strategies
  • Walkable Uptown location near Stockade District, restaurants, and transit
  • Off-street parking with city infrastructure (water, sewer)
  • Not subject to ETPA per housing office guidance

Listing Contacts

ZE
NY 10401321002
Hudson Modern
Listed by Hudson Modern

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$137,586.00
$11,465.50/mo

Valuation Metrics

0
DSCR
8.6%
Cap Rate
8.6%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Zev Eisenberg
License
10401321002
Brokerage
Hudson Modern Co
Brokerage Phone
8455798050
Title
Real Estate Salesperson
Brokerage Address
39 North Front Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591