393 Main St Kingston, NY 12401
Estimated payment $4,272/month
About This Home
393 Main Street is a fully occupied five-unit property offering strong cash flow and excellent rental history in one of Ulster County's most in-demand markets. With a current Net Operating Income (NOI) of 64k, this turnkey asset is a great fit for both new investors and seasoned professionals seeking dependable returns.
393 Main is being sold as part of a rare portfolio with 296 and 385 Main Street, providing a unique opportunity to acquire three income-producing properties on the same street.
The building includes two studio apartments and three one-bedroom, one-bath units, all of which are currently leased and generating steady income. The desirable unit mix caters to a broad tenant base and ensures consistent demand.
Ideally located in the heart of Rosendale—just minutes to New Paltz and Kingston—this property offers easy access to shopping, dining, and public transit, making it a prime rental location.
Whether you're just starting out or expanding a seasoned portfolio, this Rosendale gem offers stability, strong returns, and long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,964
Year Built
- Built in 1920
Lot Details
- 0.47 Acre Lot
Home Design
- 2,100 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Community Details
- 5 Units
Listing and Financial Details
- Legal Lot and Block 19 / 82-4
- Assessor Parcel Number 62.82-4-19
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/31/2025 07/31/25 | Price Changed | $599,000 | -4.8% | $285 / Sq Ft |
07/01/2025 07/01/25 | Price Changed | $629,000 | -3.1% | $300 / Sq Ft |
05/20/2025 05/20/25 | Price Changed | $649,000 | -7.3% | $309 / Sq Ft |
04/21/2025 04/21/25 | For Sale | $700,000 | -- | $333 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20250994

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