522 Main Street

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522 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 for sale in Cairo
  • Property situated at 522 Main Street in New York
  • Located within the scenic Catskill Mountain region of Greene County
  • Asset provides residential housing in a growing local submarket
  • Suitable for investors targeting small-scale multifamily real estate

What's Special

Cairo serves as a gateway to the Catskill Mountains, providing a scenic setting within Greene County that attracts both year-round residents and seasonal visitors. This multifamily apartment building sits on Main Street, benefiting from the accessibility and small-town character defining this growing region of upstate New York. The local economy relies on a mix of tourism, local commerce, and proximity to broader Hudson Valley employment hubs. Comprising four residential units, this property functions as a stable asset for investors seeking a foothold in the local housing market. Multi-family buildings of this scale provide essential rental options for the workforce and individuals relocating to the area. The configuration allows for straightforward management while maintaining occupancy potential in a submarket where housing demand remains consistent. Investors may consider this asset for long-term hold strategies or portfolio diversification in the Catskill region.

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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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