1132 Route 44/55

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1132 Route 44/55

Highland, NY 12528
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 Highland
  • Located at 1132 Route 44/55 in New York
  • Asset provides residential housing within the Hudson Valley
  • Property situated in a stable Ulster County rental market

What's Special

Investors seeking an income-generating multifamily asset in Highland, New York, should consider the apartment building at 1132 Route 44/55. Situated in a region of the Hudson Valley that balances rural character with proximity to larger urban centers, this property provides a stable residential housing option for local renters. The asset type allows for a straightforward addition to a rental portfolio, appealing to both seasoned investors and those looking to enter the New York multifamily market. As population dynamics in the region remain steady, the demand for well-located housing continues to support long-term investment viability for property owners. Proximity to local transit routes and established neighborhood services makes this site a practical choice for workforce or long-term residents seeking efficient access throughout the surrounding area. This apartment building serves as a functional foundation for those focused on residential property management in Ulster County.

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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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