69 Main Street

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69 Main Street

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
  • Asset consists of five individual rental units
  • Property situated at 69 Main Street in Ulster County
  • Positioned within the growing Hudson Valley regional market
  • Well-suited for investors focused on multi-family assets

What's Special

The five-unit apartment building at 69 Main Street in Highland, NY, represents a residential asset in a growing Hudson Valley community. This multifamily property is positioned to serve the steady demand for rental housing in the region, which benefits from its proximity to Poughkeepsie and the broader New York City commuter shed. The local economy in this area is supported by a mix of educational institutions, healthcare providers, and regional tourism, creating a stable tenant pool for apartment owners. Investors looking for multi-family acquisitions will find this asset suitable for long-term hold strategies. The scale of the property allows for efficient management while providing diversification within a portfolio. Its location within Highland offers residents access to regional transit routes and local services, maintaining its appeal as a residential rental destination. This asset type remains a staple for those seeking income-producing real estate in the 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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