500 Route 44-55 Route

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500 Route 44-55 Route

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 in Highland, New York.
  • The residential asset contains three individual rental units.
  • Property is positioned at the address 500 Route 44-55.
  • Located within a consistent suburban market in the region.
  • The site supports long-term rental income generation strategies.

What's Special

The property at 500 Route 44-55 in Highland, NY consists of a three-unit multifamily apartment building. Situated in a region known for its accessibility to major transportation corridors and proximity to the Hudson River valley, this asset represents a steady residential investment in a growing suburban market. The configuration offers flexibility for investors targeting long-term rental income within a stable multifamily asset class. Local market dynamics in Highland remain characterized by consistent demand from commuters and residents drawn to the area’s regional connectivity and lifestyle amenities. This building serves as a practical addition to a residential portfolio, providing scalable units suitable for a range of tenant profiles. Prospective buyers will find this an efficient opportunity to acquire a managed residential footprint within a well-established town setting. Given the asset type and layout, the property is well-positioned for straightforward management and reliable occupancy performance.

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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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