721 Milton Turnpike

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721 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).

  • The multifamily property is currently available for purchase
  • Located at 721 Milton Turnpike in Highland, New York
  • The building consists of two separate rental units
  • Highland provides a residential market with regional accessibility
  • This asset is appropriate for residential investment portfolios

What's Special

This multifamily apartment building at 721 Milton Turnpike in Highland, New York, is currently available for sale. Featuring two distinct units, the asset is well-suited for investors seeking to grow their residential real estate portfolio within the Hudson Valley region. The property benefits from its position in Highland, a growing suburban community that maintains steady demand for rental housing options near regional transit routes. The layout of these units provides a straightforward approach for landlords looking to implement long-term leasing strategies. Residents in this submarket enjoy proximity to major transport arteries and local commercial hubs, making it an attractive destination for commuters. Prospective buyers will find this building to be a functional acquisition, suitable for a range of investment goals from buy-and-hold strategies to value-add operations. The two-unit configuration offers a manageable entry point into the local housing 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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