1. New York
  2. Kingston
  3. 58 St. James Street
$2,000,000

58 St. James Street, Kingston, NY 12401

  • 16 beds
  • 6,055 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $330/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

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 Status:
Active
Date Added:
June 26, 2025 at 05:00AM
Listing Office:
Hudson Modern : 845-579-8050
Listing Agent:
Sheneur Menaker : 845-377-5116
MLS ID:
20252542
  • Originating MLS: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
  • School District: Kingston Consolidated
  • County: Ulster

This listing courtesy of Sheneur Menaker, Hudson Modern

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Washington School

67 Wall St, Kingston, NY, 12401

Grades PK-4

0.36 miles away

J

J Watson Bailey Middle School

118 Merilina Ave Ext, Kingston, NY, 12401

Grades 5-8

0.99 miles away

K

Kingston High School

403 Broadway, Kingston, NY, 12401

Grades 9-12

0.91 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.