- 8
- beds
- 4,074
- sqft
- 1950
- year built
- Status:
- Active
- MLS #:
- 20263090
- County:
- Ulster
- Listed By:
- Sheneur Menaker - Hudson Modern
Sponsoring Broker: Steven Domber, Berkshire Hathaway HomeServices Hudson Valley Properties
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. Contact listing agent for offering memorandum and financials.
Highlights
- Residential Income
- Multi Family
- Built in 1950
- 0.1492 Acre Lot
- 158 days on Market
-
- Bedrooms
- 8
-
- Year Built
- 1950
-
- Living Area
- 4074.0
-
- Acres
- 0.1492
-
- Area
- Kingston,City
-
- County
- Ulster
-
- City
- Kingston
-
- Zip Code
- 12401
-
Nearby Schools
-
52out of 100
-
53out of 100
-
48out of 100
-
49out of 100
-
54out of 100
-
54out of 100
-
51out of 100
-
55out of 100
-
55out of 100
-
54out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Frequently Asked Questions
How do I schedule a tour of 17 Downs St?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 17 Downs St.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 17 Downs St?
Click Ask a Question to talk with our team. You already know it is a 8 bed, N/A bath, listed for $595,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Kingston, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 17 Downs St?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 17 Downs St at around $4,758. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 17 Downs St?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Ulster County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 17 Downs St?
In most cases, yes. Whether 17 Downs St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Kingston's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 17 Downs St?
We can handle that for you. Our preferred local agent specializes in residential incomes in Kingston and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $595,000 with 4,074 sqft of space—that comes out to approximately $146 per square foot.
How long has this property been on the market?
17 Downs St was listed on June 08, 2026, which means it's been on the market for 158 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1950, making it approximately 76 years old.
What is the lot size of this property?
17 Downs St sits on a 0.15-acre lot, which is 6,534 square feet.
What are the property taxes for 17 Downs St?
The most recent public record shows annual property taxes for 17 Downs St were approximately $16,462. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 17 Downs St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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 deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS). All rights reserved.
Last Updated: November 13, 2026 at 06:13PM | Source: Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS) | MLS#: 20263090