24 Vineyard Avenue

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24 Vineyard Avenue

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).

  • Four-unit apartment building located in Highland New York
  • Multifamily asset situated at 24 Vineyard Avenue
  • Property represents a stable investment within Ulster County
  • Hudson Valley location provides reliable demand for local housing
  • Building is positioned for consistent long-term rental income

What's Special

Investors seeking to expand their residential holdings will find this four-unit multifamily building on Vineyard Avenue a practical addition to an income-generating portfolio. Situated in Highland, New York, the property benefits from its position within a stable residential submarket of Ulster County. This area serves as a bedroom community for the greater Hudson Valley, providing consistent demand for rental housing due to its regional connectivity and proximity to the Poughkeepsie transit hub. The building layout functions well as a multi-family asset, offering four distinct units suitable for long-term lease structures. Its location in this growing suburban market ensures potential stability for owners focused on asset appreciation and steady cash flow. The existing configuration is well-suited for professional management and could serve as an entry-level investment or a supplemental piece within a larger regional portfolio. Local access to major roadways supports the continued desirability of this rental location for those commuting throughout the Mid-Hudson region.

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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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