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Listed by: Hudson Modern
$ 540,000
Est. payment /mo
Active
171 Henry ST Kingston, NY 12401
4 Baths
3,105 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,105 sqft
Price per Sqft $173
MLS Listing ID 20262493
Year Built 1960
Annual Tax Amount $11,566
Tax Year 11566
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Other
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
Positioned between Midtown and the Rondout, 171-175 Henry Street sits in one of Kingston's most actively evolving residential pockets -- close enough to walk to Broadway, local cafés, neighborhood restaurants, and the growing energy around the arts corridor, while still feeling grounded in a residential part of the city. The property consists of four fully occupied apartments producing immediate in-place income in a market where rental inventory remains persistently tight.
The scale is part of the appeal. Four units allows for operational simplicity without sacrificing meaningful cash flow, making it well suited for investors seeking Kingston exposure without the complexity of larger assets. The building benefits from steady tenant demand driven by the city's continued growth, proximity to major Hudson Valley destinations, and increasing pressure on the local housing supply.
Located within a Qualified Opportunity Zone, the property also carries long-term strategic value beyond current income. Whether approached as a stable hold, light repositioning opportunity, or long-term appreciation play, this is the kind of Kingston multifamily asset that remains consistently liquid because it sits directly inside the path of the city's ongoing reinvestment.
The scale is part of the appeal. Four units allows for operational simplicity without sacrificing meaningful cash flow, making it well suited for investors seeking Kingston exposure without the complexity of larger assets. The building benefits from steady tenant demand driven by the city's continued growth, proximity to major Hudson Valley destinations, and increasing pressure on the local housing supply.
Located within a Qualified Opportunity Zone, the property also carries long-term strategic value beyond current income. Whether approached as a stable hold, light repositioning opportunity, or long-term appreciation play, this is the kind of Kingston multifamily asset that remains consistently liquid because it sits directly inside the path of the city's ongoing reinvestment.
Location
State NY
County Ulster
Area Kingston, City
Zoning T4N
Others
Tax ID 56.108-3-42
NEARBY SCHOOL & BUSINESS
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Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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