576 Main Street

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576 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).

  • Three-unit multifamily apartment building located in Cairo, New York.
  • Property situated at 576 Main Street in Greene County.
  • Investment asset suitable for portfolio diversification and rental income.
  • Located within the scenic region of the Catskill Mountains.
  • Accessible site position serving the local upstate New York market.

What's Special

Investors seeking to expand their residential holdings will find this 3-unit apartment building at 576 Main Street in Cairo, New York, a functional addition to a multifamily portfolio. This asset provides a straightforward income-generation vehicle in a region known for its proximity to the Catskill Mountains and a steady demand for localized housing. The property sits within Greene County, a market characterized by its rural landscape and regional tourism, offering stability for long-term rental operations. Multifamily buildings of this scale suit owner-occupants or small-scale investors looking for manageable, multi-tenant revenue streams. The site placement in Cairo provides convenient access to major regional thoroughfares, facilitating transit throughout the Hudson Valley. This property represents a tangible real estate investment in a community that balances natural surroundings with essential services, making it a practical choice for those prioritizing consistent occupancy and asset diversification in a growing suburban and rural market.

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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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