6 Cottage Place

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6 Cottage Place

Chatham, NY 12037
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 in Chatham New York.
  • Property is situated at 6 Cottage Place with 12037 zip.
  • Asset provides an opportunity for residential rental income streams.
  • Located in a steady regional market in Columbia County.
  • Structure consists of four total residential apartment units.

What's Special

This multifamily apartment building contains four units and is located at 6 Cottage Place in Chatham, New York. The property serves as a stable residential investment within a region characterized by its accessible suburban atmosphere and proximity to major regional transit corridors. Chatham functions as a key hub in Columbia County, offering steady demand for rental housing due to its regional economic activity and appeal to residents working throughout the Hudson Valley. Investors and property owners will find this asset suitable for traditional long-term residential leasing strategies. The layout and sizing of the four-unit structure provide a manageable scale for portfolio expansion. Its position within the local market allows for consistent occupancy potential while maintaining access to regional services and amenities. Given the current demand for multifamily inventory in New York, this asset represents a functional addition to a private real estate holding.

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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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