445 New Paltz Road

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445 New Paltz Road

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).

  • The asset is a multifamily property located in Highland, New York.
  • The building contains a total of three individual residential units.
  • Highland is situated within the robust and growing Hudson Valley region.
  • This apartment building is currently available for purchase by investors.
  • The location provides convenient access to major regional transportation corridors.

What's Special

Highland represents a strategic point within the Hudson Valley, offering residents proximity to both Poughkeepsie and the scenic New Paltz corridor. This region remains a consistent draw for commuters and professionals seeking an alternative to metropolitan density while remaining connected to major regional transit routes. The local economy is bolstered by proximity to higher education institutions and a steady demand for rental housing across the greater Ulster County market. 445 New Paltz Road functions as a focused residential investment within this established suburban landscape. The asset consists of 3 apartment units, providing a manageable scale for a real estate portfolio. Prospective owners might utilize this multifamily property to address the persistent need for quality rental housing in the Highland area, catering to local workers or students. Its position near regional transit corridors enhances its utility for those seeking access to broader Hudson Valley employment hubs and amenities.

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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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