220 Route 9W

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220 Route 9W

Athens, NY 12015
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 asset located at 220 Route 9W in Athens
  • Building comprises three residential rental units
  • Positioned in the growing residential market of upstate New York
  • Accessible location near key Hudson Valley transportation routes
  • Suitable for long-term residential rental investment strategies

What's Special

Investors seeking to expand a residential portfolio will find this three-unit apartment building in Athens, New York, a functional addition to a regional holding. Situated along Route 9W, the property provides straightforward access to the infrastructure connecting the Hudson Valley to surrounding upstate commercial hubs. The asset is well-positioned for those looking to capitalize on the steady demand for rental housing in this established community. Its layout supports various long-term residential leasing strategies, appealing to tenants who prioritize proximity to regional thoroughfares while maintaining access to local amenities. The building serves as a practical vehicle for consistent rental income in a quiet suburban environment that continues to attract a diverse demographic of residents throughout the capital district area. Its location balances accessibility with the slower pace of life characteristic of Greene County, making it a stable choice for those managing small-to-medium-sized multifamily portfolios in the state of New York.

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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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