102 Catherine Street

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102 Catherine Street

Beacon, NY 12508
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).

  • Located in the town of Beacon, New York.
  • The asset functions as a multifamily apartment building.
  • Property layout consists of two individual residential units.
  • Positioned in a growing Hudson Valley residential market.

What's Special

Beacon is a vibrant community in the Hudson Valley, known for its strong arts scene and proximity to major regional transit lines. Situated at 102 Catherine Street, this multifamily asset contributes to the local housing supply within this desirable market. The property consists of two distinct residential units, providing a manageable configuration for investors seeking a foothold in a growing riverside city. Its location puts residents within reach of the local commuter rail station and the walkable downtown area, which remains a primary draw for both long-term residents and new arrivals to the region. Given the ongoing demand for housing in this part of New York, this asset is well-positioned for owners looking to capitalize on residential rental income. The property functions as a straightforward investment in an established neighborhood, offering potential for steady operations within the broader Hudson Valley housing landscape.

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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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