550 - 552 Main Street

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550 - 552 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 located in Cairo, New York.
  • Property features a total of 7 residential units.
  • Positioned on Main Street with access to regional routes.
  • Investment potential for operators in the Greene County market.
  • Suitable for residential housing management and long-term rental income.

What's Special

The apartment building situated at 550-552 Main Street in Cairo, New York, consists of 7 units. This multifamily asset occupies a strategic location in a region characterized by its accessible connection to the surrounding Catskill Mountains and growing regional economic activity. The property serves as a stable investment within the local housing market, offering residential living space that benefits from proximity to primary local transit routes. Investors and property operators may find potential in the site's scale, which is well-suited for a focused management strategy within this Greene County community. Given its composition and unit count, the building presents an opportunity for those looking to expand their portfolio within this part of the state. Its position within the village allows residents easy access to local services and the distinct regional lifestyle that draws both long-term tenants and seasonal occupants to the 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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