353 Main Street

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353 Main Street

Cairo, NY 12413
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).

  • Four-unit multifamily apartment building located on Main Street.
  • Property situated within the village of Cairo, New York.
  • Well-positioned for residential investors seeking regional market growth.
  • Provides immediate scale for portfolio expansion in Greene County.
  • Main Street location offers connectivity within the downtown area.

What's Special

Cairo serves as a gateway to the Northern Catskills, offering a blend of rural charm and accessibility within Greene County. This multifamily asset on Main Street provides a established footprint in a market characterized by a mix of local housing demand and proximity to regional recreational destinations. The property consists of 4 apartment units, positioning it for potential buy-and-hold strategies or value-add improvements to align with local tenant preferences. Investors often look toward this submarket for its steady pace of activity and the enduring appeal of the Hudson Valley corridor. This apartment building presents a clear acquisition target for those seeking to expand their residential holdings in this specific New York region. With its central placement, the site benefits from the flow of activity that defines the downtown village area, providing consistent exposure for residential occupants interested in regional access.

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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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