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58 St James Street
Kingston, New York
$2,000,000 Price
16 Bedrooms   - Baths
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Photo 1 of 58 St James Street, Kingston, New York, $2,000,000, Web #: 20252542Previous PhotoNext Photo1 of 16

Own a piece of Kingston's storied charm with this fully stabilized, income-generating 17-unit apartment complex in the heart of Uptown. Featuring old-world architectural details like stamped tin ceilings, original hardwood floors, crown moldings, and restored trim work, this property offers historic character, modern upgrades, and ready to underwrite cashflow....

Own a piece of Kingston's storied charm with this fully stabilized, income-generating 17-unit apartment complex in the heart of Uptown. Featuring old-world architectural details like stamped tin ceilings, original hardwood floors, crown moldings, and restored trim work, this property offers historic character, modern upgrades, and ready to underwrite cashflow. The complex consists of a 14-unit main building and a detached 3-unit carriage house with a 1-car garage—ideal for long-term value and diverse rental income. This asset has been thoughtfully updated over the past several years, with most units renovated and improved. Interiors feature refinished hardwood floors (some exposed, some protected under carpet or newer flooring), fresh kitchens and baths, and maintained mechanical systems. The main building runs on a natural gas boiler and water heater, while the carriage house uses a separate forced-air gas furnace and hot water heater. Utilities are currently paid by the owner, simplifying tenant experience and stabilizing occupancy. Just steps from the Stockade District, your tenants will enjoy walkable access to some of Kingston's best—Rough Draft Bar & Books, Front Street Tavern, Kingston Farmers Market, Hotel Kinsley, and a growing list of boutiques, coworking spaces, and creative venues. Located in one of the Hudson Valley's fastest-growing, most culture-rich neighborhoods, this is a rare opportunity to buy into a 10 cap property with both immediate income and long-term upside.

Listing courtesy of Hudson Modern

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Kingston, New York
Type:
Price: $2,000,000
Date Listed: 6/26/2025
Web ID: 20252542

Info & Amenities

Size: 0.29 acres
Bedrooms: 16
Built: 1960

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.