530 Main Street

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530 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).

  • Multifamily apartment building available for sale in Cairo, New York
  • The property features three total residential units
  • Located in Greene County near the Catskill Mountain region
  • Suitable for residential investors seeking an entry-level acquisition
  • Positioned within a growth-oriented upstate New York submarket

What's Special

This multifamily property at 530 Main Street in Cairo, New York, is currently available for purchase, presenting a functional acquisition for real estate investors focused on residential assets. The building contains three units, offering a manageable scale for those seeking to expand their local rental portfolio in a quiet, Catskill Mountain-adjacent community. Cairo serves as a gateway to the northern Catskills, benefiting from steady interest due to its proximity to outdoor recreation and regional employment hubs. The town remains an accessible residential submarket within Greene County, attracting tenants looking for a balance between rural settings and necessary local amenities. As a three-unit apartment building, the asset is suited for long-term hold strategies or repositioning efforts to stabilize rental income. Investors will find the property positioned within a stable residential corridor that supports consistent housing demand. Its manageable size makes it an efficient addition for owners looking to diversify or grow their holdings in upstate New York.

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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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