17 Downs Street
Kingston, NY 12401
- 8 Beds
- 4,074 sqft
8 Beds
4,074 sqft
Local Information
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Description
A rare six-unit asset in one of Kingston's most opportunistic zoning transects. 17 Downs Street delivers a strong 8.19 cap rate on a 625,000 ask while sitting in a T5-Neighborhood (T5N) zone built for exactly the kind of upside that's getting harder to find in the Hudson Valley.
The unit mix is purpose-built for flexibility: two 2-bedrooms, two 1-bedrooms, and two studios, a spread that lets an owner play multiple tenant profiles -- long-term residential stability in the larger units, premium furnished or transitional rents in the smaller ones.
Here's where T5N earns its keep. Kingston's form-based code reserves its full short-term-rental (STR-F) permit type for T4 and T5 transects only -- 17 Downs sits in that eligible band. The same zone is written to encourage a diverse mix of residential building types, general retail, and small to medium-sized neighborhood-supporting commercial uses, putting boutique lodging, live-work, and ground-floor hospitality concepts genuinely on the table for a creative buyer. In a walkable, restaurant-dense city that has become a legitimate Hudson Valley destination, that hospitality optionality is the differentiator -- most multifamily product can't touch it.
Built in 1950, with the bones and scale that make Kingston's housing stock so livable, this is a clean opportunity with a second gear for an operator who wants to lean into Kingston's visitor economy.
The unit mix is purpose-built for flexibility: two 2-bedrooms, two 1-bedrooms, and two studios, a spread that lets an owner play multiple tenant profiles -- long-term residential stability in the larger units, premium furnished or transitional rents in the smaller ones.
Here's where T5N earns its keep. Kingston's form-based code reserves its full short-term-rental (STR-F) permit type for T4 and T5 transects only -- 17 Downs sits in that eligible band. The same zone is written to encourage a diverse mix of residential building types, general retail, and small to medium-sized neighborhood-supporting commercial uses, putting boutique lodging, live-work, and ground-floor hospitality concepts genuinely on the table for a creative buyer. In a walkable, restaurant-dense city that has become a legitimate Hudson Valley destination, that hospitality optionality is the differentiator -- most multifamily product can't touch it.
Built in 1950, with the bones and scale that make Kingston's housing stock so livable, this is a clean opportunity with a second gear for an operator who wants to lean into Kingston's visitor economy.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$153
Listed
Less than a day ago
Last check for updates: about 3 hours ago
Listing by: Hudson Modern, (845) 579-8050
Sheneur Menaker, (305) 904-7536
Hudson Modern, (845) 579-8050
Zev Eisenberg, (845) 309-7454
Source: HVCRMLS, MLS#20263090

Also Listed on HVCRMLS.
Home Details for 17 Downs Street
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 8 |
Dimensions and Layout Living Area: 4074 Square Feet |
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Finished Area Finished Area (above surface): 4074 Square Feet |
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Days on Market: <1 day on Trulia |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New Construction |
Property Information Parcel Number: 56.25124 |
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Price List Price: $625,000Price Per Sqft: $153 |
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Direction & Address City: Kingston |
School Information High School District: Kingston Consolidated |
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Listing Agent Listing ID: 20263090 |
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Building Area Building Area: 4074 Square Feet |
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Lot Area: 6534 sqft |
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Mls Number: 20263090Above Grade Unfinished Area: 4074 |
Market trends in Kingston
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
71 11MoM
Price History for 17 Downs Street
| Date | Price | Event | Source |
|---|---|---|---|
| 06/08/2026 | $625,000 | Listed For Sale | HVCRMLS #20263090 |
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Comparable Sales for 17 Downs Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.09 | Multi-Family Home | $639,900 | 08/15/25 | 4 | 4 | 2,744 | |
0.13 | Multi-Family Home | $389,000 | 09/22/25 | 4 | 2 | 2,124 | |
0.16 | Multi-Family Home | $340,000 | 01/28/26 | 4 | 2 | 2,079 | |
0.16 | Multi-Family Home | $475,000 | 08/19/25 | 7 | 6 | 2,724 | |
0.50 | Multi-Family Home | $285,000 | 02/20/26 | 6 | 5 | 3,885 | |
0.12 | Multi-Family Home | $237,500 | 03/24/26 | 3 | 2 | 1,636 | |
0.30 | Multi-Family Home | $385,000 | 01/20/26 | 4 | 3 | 2,214 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 17 Downs Street.
What Locals Say about Kingston
At least 351 Trulia users voted on each feature.
84 % Say car is needed
83 % Say it's dog friendly
76 % Say parking is easy
76 % Say yards are well-kept
69 % Say there are sidewalks
68 % Say there's holiday spirit
67 % Say it's walkable to restaurants
66 % Say kids play outside
65 % Say people would walk alone at night
58 % Say there's wildlife
55 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
50 % Say it's quiet
50 % Say streets are well-lit
45 % Say it's walkable to grocery stores
39 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sheneur Menaker, Hudson Modern, (845) 579-8050
Agent Phone: (305) 904-7536

IDX information © 2026 by the Hudson Valley Catskill Region MLS. All Rights Reserved.
The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively 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.
17 Downs Street, Kingston, NY 12401 is a 8 bedroom, 4,074 sqft multi-family built in 1950. This property is currently available for sale and was listed by HVCRMLS on Jun 8, 2026. The MLS # for this home is MLS# 20263090.

