692 Milton Turnpike

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692 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).

  • Three-unit multifamily apartment building available for purchase
  • Located at 692 Milton Turnpike in Highland, New York
  • Asset provides stable income potential for residential investors
  • Property situated within a growing regional suburban market
  • Multifamily building optimized for long-term rental demand

What's Special

Investors seeking to expand their residential portfolio will find this three-unit apartment building at 692 Milton Turnpike a practical acquisition in Highland, New York. The property serves as a stable income-generating asset suited for long-term hold strategies within the Hudson Valley region. Highland provides residents with access to major regional transit routes and a community-oriented environment, making it a desirable location for local renters. This multifamily building offers functional space to accommodate multiple households, providing a consistent revenue stream for a professional investor. The local area benefits from steady regional economic activity and consistent demand for rental housing across the metro market. Buyers can leverage this asset to establish a presence in a growing suburban setting while maintaining a low-density residential investment footprint.

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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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