421 Vineyard Avenue

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421 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).

  • Multifamily apartment building located at 421 Vineyard Avenue
  • Asset features a total of two residential units
  • Property situated within the growing Highland residential submarket
  • Strategic location offers access to regional Hudson Valley transit
  • Well-suited for investors seeking stable residential rental income

What's Special

Highland serves as a strategic point within the Hudson Valley, providing residents with proximity to regional transit arteries and the natural landscape of Ulster County. This multifamily apartment building, situated at 421 Vineyard Avenue, consists of two units. The property occupies a position in a community that balances suburban accessibility with the growing economic vitality of the New York metro region. Investors often seek this type of asset for its potential to provide stable residential rental income in a well-established submarket. Small-scale multifamily properties in this area appeal to owners looking for manageable assets that cater to local workforce housing needs. The layout of the two units supports versatile configuration options for long-term residential tenants. Given the steady demand for housing in Highland, this property functions as a functional investment component for those expanding a portfolio within the regional 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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