5161 Route 209

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5161 Route 209

Accord, NY 12404
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Accord, New York.
  • Located along the primary Route 209 corridor in Ulster County.
  • The property is situated within the expansive Hudson Valley region.
  • Residential investment asset suitable for a long-term holding strategy.
  • Property position offers accessibility to major regional service centers.

What's Special

The town of Accord sits within the scenic Hudson Valley region of New York, a submarket characterized by its balance of rural landscapes and regional accessibility. Route 209 serves as a primary corridor through this part of Ulster County, providing connectivity for residents and local commerce. This multifamily apartment building at 5161 Route 209 represents a residential asset in a growing regional market. Investors frequently target these types of properties for their potential to provide steady housing supply in areas that serve commuters and long-term local residents alike. Given its placement, the property could serve as a long-term rental holding, offering value to tenants seeking the character of the Catskill Mountains and the proximity to Kingston and surrounding communities. Its size and location make it a candidate for strategic portfolio growth in the regional multifamily sector.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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