24 Verplanck Avenue 1

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24 Verplanck Avenue 1

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).

  • Multifamily apartment building located in Beacon New York
  • Total property footprint contains two separate residential units
  • Asset sits within the active 12508 zip code area
  • Well suited for residential portfolio diversification strategies
  • Provides housing access near major regional transportation hubs

What's Special

This multifamily apartment building at 24 Verplanck Avenue 1 in Beacon, New York, consists of two distinct units. The property serves as a residential investment within the growing Beacon submarket, an area recognized for its transition into a hub for arts, culture, and commuters seeking access to the greater Hudson Valley region. Its positioning within this residential cluster makes it a functional addition to a rental portfolio, suitable for long-term lease arrangements or potential owner-occupant configurations. The city of Beacon maintains a strong connection to New York City through regional rail infrastructure, supporting sustained demand for local housing. As a small-scale apartment building, this asset offers investors a manageable entry point into a competitive market. Prospective buyers may consider the property for its utility in providing housing options within a walk-friendly community known for its proximity to historic landmarks and mountain recreation. The building layout supports straightforward management operations for those seeking to capitalize on current rental market trends in the state.

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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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