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This multifamily apartment building for sale in Bloomington presents a functional acquisition for investors focused on the residential rental market in New York. Located at 17 Main Street, the property serves the local housing needs within this Ulster County community. Bloomington maintains a steady position within the regional landscape, offering proximity to larger Hudson Valley hubs while providing a suburban residential environment. Given the asset type, this building is well-suited for long-term hold strategies or portfolio expansion for buyers seeking stable, income-producing residential real estate. The site remains positioned to capture demand from local residents who prioritize access to regional transit routes and the characteristic lifestyle of this growing area in the state. Prospective owners should evaluate the asset based on current market dynamics and local housing conditions that support ongoing tenant demand in this segment of the New York rental market.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.