477 Vineyard Avenue

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477 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 available for sale in Highland
  • Located at 477 Vineyard Avenue in the state of New York
  • Positioned within the active and developing Hudson Valley submarket
  • Suitable asset for long-term residential rental income investors
  • Situated at the geographic coordinates of 41.6931, -73.9993

What's Special

This multifamily property at 477 Vineyard Avenue in Highland, New York, is available for sale, presenting a functional acquisition for residential investors. Situated within Ulster County, the asset benefits from its placement in a growing Hudson Valley market that continues to draw interest from those seeking proximity to both the Poughkeepsie area and regional commuter routes. The building provides a stable platform for residential rental income, suitable for long-term hold strategies or portfolio expansion in a region characterized by consistent demand for quality housing. Investors will find that the property serves as a reliable addition to a residential portfolio, catering to the ongoing need for rental units in this suburban corridor. Highland offers a blend of accessibility and community character, making it a viable location for tenants commuting throughout the Mid-Hudson region. This apartment building supports a range of occupancy models, providing flexibility for an owner to manage a steady stream of residential tenants in an established neighborhood setting.

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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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