114-128 Lasher Road

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114-128 Lasher Road

Big Indian, NY 12410
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 Big Indian, New York.
  • Property features four residential units available for potential acquisition.
  • Located at 114-128 Lasher Road in the Ulster County region.
  • Asset provides an entry point into the Catskill rental market.
  • Building is currently listed for sale to interested real estate investors.

What's Special

Investors seeking an active residential holding in the Catskill region will find this four-unit apartment building at 114-128 Lasher Road a practical addition to an existing portfolio. Located in Big Indian, New York, this multifamily property provides a stable configuration for rental income generation. The site is situated within a scenic area of the state, benefiting from the growing demand for housing in Ulster County. Its design allows for straightforward management by local operators or those looking to expand their presence in the regional market. Given the scale of the building, it is well-suited for a smaller investment entity looking to capture demand from long-term residents or those engaged in seasonal regional industries. This property represents a functional asset for investors focused on multi-family residential holdings in a tranquil, nature-oriented landscape within the broader Hudson Valley corridor.

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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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