4076 Route 28

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4076 Route 28

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 located at 4076 Route 28.
  • Property situated within the scenic Boiceville submarket of New York.
  • Residential asset suitable for diverse long-term rental investment strategies.
  • Site offers connectivity to regional transit routes through Ulster County.
  • Well-positioned building for investors focusing on rural residential housing.

What's Special

This multifamily apartment building at 4076 Route 28 in Boiceville, New York, presents an asset in an established Catskill region submarket. The property serves as a residential holding within a rural corridor known for its proximity to outdoor recreation and regional transit routes. Residents in this area benefit from a quiet environment while maintaining access to the necessary infrastructure of the surrounding Ulster County communities. Given the architectural configuration typical of apartment buildings in this region, the site is suited for long-term rental portfolios or residential management strategies. Investors looking for a foothold in this part of the state may find the location useful for attracting tenants who value the natural landscape and regional connectivity of the Hudson Valley. The asset provides a foundational addition to an existing residential investment strategy, offering consistent utility for those seeking multi-unit housing options in the Boiceville area.

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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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