77 Church Street

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77 Church Street

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).

  • Multifamily apartment building available for sale in Chatham, NY.
  • Property contains two distinct residential units for investors.
  • Located at 77 Church Street in Columbia County.
  • Well-positioned for either a rental income or owner-occupant strategy.
  • Serves as a manageable residential asset for local market investors.

What's Special

This multifamily apartment building at 77 Church Street in Chatham, NY, is available for sale, presenting an entry-level acquisition for private investors or owner-occupants. Comprising two individual units, the property offers a straightforward residential investment within a growing community in Columbia County. Its scale is well-suited for a landlord seeking a manageable portfolio addition or a buyer looking to reside in one unit while generating rental income from the second. Chatham maintains a distinct regional character, positioned as a hub for both permanent residents and those drawn to the cultural amenities of the Hudson Valley. The local economy benefits from its proximity to major transit routes and a steady demand for rental housing, making this a practical choice for investors focused on long-term residential stability. The building's layout provides functional living quarters that align with current market expectations for small-scale multifamily assets in this New York submarket.

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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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