David Marshall
Licensed Real Estate Salesperson
REALTOR®
Glens Falls, NY

460 Albany Avenue, Kingston, NY 12401

New - 10 Hours Ago
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Property Description

Creative financing considered. Located in the heart of the rapidly evolving Midtown Kingston corridor, this mixed-use investment property offers immediate cash flow with substantial upside potential. The property consists of three units, including two occupied residential apartments and one vacant commercial space with the possibility of conversion to an additional residential unit, subject to municipal approvals.Unit one features a spacious two-bedroom layout, while unit two offers a large two-bedroom floor plan with an additional den, ideal for a home office, guest room, or flex space. Both residential units are occupied by paying tenants in good standing, providing stable existing income from day one.The vacant commercial space presents a compelling value-add opportunity for investors seeking to maximize returns through redevelopment or residential conversion. With a private parking lot and flexible configuration options, the property is well-positioned to capitalize on the continued growth and demand in Midtown Kingston.Projected rental income has the potential to exceed 5,000 per month once fully optimized. Conveniently located near restaurants, shops, the arts district, Uptown Kingston, and the Rondout waterfront, this is an opportunity to invest in one of the Hudson Valleys most active and expanding markets.Ideal for investors, owner-occupants, or those seeking a mixed-use asset with long-term growth potential.

460 Albany Avenue | MLS# 20262218

This multi-family property located at 460 Albany Avenue, Kingston, NY 12401 is currently listed for sale with an asking price of $395,000. Albany Avenue is located within the Kingston Consolidated school district. Search Kingston real estate on david-marshall.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.55 Acres
Taxes: $13,714
Year Built: 1950

Feature Descriptions

Parcel #: 080004807400010460000000
SQFT Total: 3200
Units: 3

Local Schools

Elementary School: Ernest C. Myer School
School District: Kingston Consolidated

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Estimated Payment

$ 2,137.14 per month $879.10 Principal & Interest $1,142.83 Property Tax $115.21 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Exit Realty Connections

Shown By

Agent Name: David Marshall
Agent Phone: (518) 222-7924 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/21/2026. The listing information on this page last changed on 05/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/21/2026 2:26:01 PM EST) or Global MLS (last updated Thu 05/21/2026 2:23:25 PM EST) or New York State Alliance MLS (last updated Thu 05/21/2026 2:23:30 PM EST) or Hudson Valley Catskill Region MLS (last updated Thu 05/21/2026 2:21:43 PM EST) or OneKey MLS (last updated Thu 05/21/2026 2:19:51 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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