17 Piney Point

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17 Piney Point

Boiceville, NY 12412
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 available for sale in Boiceville
  • Residential property containing two distinct rental units
  • Located in the Hudson Valley region of New York
  • Suitable asset for private investors or residential landlords
  • Strategically positioned within the broader Catskill Mountains area

What's Special

This multifamily apartment building at 17 Piney Point in Boiceville, New York, is currently available for sale and presents a practical acquisition for investors seeking residential rental assets. Comprising two units, the property fits within the local rental landscape of the Hudson Valley, a region defined by its mix of historic towns and increasing demand for housing. Its location in Boiceville provides access to the broader Catskills corridor, making it a functional choice for landlords focused on managing small-scale residential portfolios. The modest size of this asset allows for straightforward property management and efficient oversight for either private investors or local operators looking to expand their footprint in this scenic area. Given the consistent demand for housing throughout the region, this two-unit building serves as a stable component for a residential investment strategy, offering potential for long-term rental income within a quiet, established community setting.

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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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