596 Milton Turnpike

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596 Milton Turnpike

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 596 Milton Turnpike
  • Asset features a total of two residential units
  • Property is currently available for purchase in Highland
  • Located within the accessible landscape of Ulster County
  • Suited for investors targeting the regional rental housing market

What's Special

Highland represents a key node in the Mid-Hudson Valley, providing residents with proximity to regional transit arteries and the growing economic hubs of Ulster County. This multifamily apartment building, situated at 596 Milton Turnpike, benefits from the region's steady demand for rental housing as connectivity to both the Poughkeepsie area and New York City continues to drive residential interest. With a total of two units, this asset is well-positioned for an investor seeking a manageable residential holding in a stable suburban landscape. The property structure is suitable for long-term residential leasing, catering to the ongoing influx of workforce populations seeking access to the scenic amenities and professional centers that characterize this upstate New York 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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