86-90 Pine St - Apartments FOR SALE


Kingston, NY 12401
$660,000 USD
845-309-7454
86-90 Pine St, Kingston, NY for Sale
$660,000 USD
Apartments - FOR SALE
1/8
null | 7.26% Cap Rate

86-90 Pine St
Kingston, NY 12401


HIGHLIGHTS

  • 6-unit multifamily in the heart of Kingston — one of the Hudson Valley's strongest and fastest-appreciating rental markets.
  • Significant value-add upside — several legacy units renting well below market, with a clear path to higher rents as tenants turn over.
  • Desirable unit mix — two renovated studios and four one-bedrooms, appealing to a broad and steady renter pool.
  • Stabilized, income-producing asset — fully tenanted with reliable cash flow from day one.
  • Owner-operator or portfolio play — clean, manageable six-unit footprint ideal for first-time multifamily buyers or investors scaling in the region.
  • Strong rental demand — Kingston continues to draw renters priced out of the metro area, keeping quality multifamily tight and well-occupied.

OVERVIEW

A six-unit multifamily building in the heart of Kingston, one of the Hudson Valley's strongest and fastest-appreciating rental markets. Six units under one roof -- a clean, manageable footprint ideal for an owner-operator or an investor establishing a foothold in the region. The unit mix spans two studios and four one-bedrooms, with several units currently renting well below market. For the right buyer, that gap is the opportunity: a stabilized, income-producing asset today with clear room to grow as legacy units turn over and rents reset to current Kingston levels. Kingston continues to draw renters priced out of the metro area -- demand that has kept quality multifamily tight and well-occupied. This is the kind of building you buy for the cash flow and hold for the upside. Financials and full rent roll available upon request.

FOR SALE DETAILS

PRICE

$660,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

6

PRICE/UNIT

$110,000

CAP RATE

7.26%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,089 SF

ZONING

R-2

APN/PARCEL ID

0800-056.108-0003-001.000-0000

ASK ABOUT THIS PROPERTY

Zev EisenbergHudson Modern Co.More Info
845-309-7454

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Zev EisenbergHudson Modern Co.More Info
845-309-7454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.