10 Clinton Avenue

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10 Clinton Avenue

Kingston, NY 12401
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 Kingston, New York.
  • Property features a total of two residential units.
  • Situated on Clinton Avenue within the 12401 zip code.
  • Positioned in a growing Hudson Valley residential submarket.
  • Suitable for investors seeking small-scale residential holdings.

What's Special

Kingston serves as a vital economic hub in the Hudson Valley, blending historic character with a growing demand for residential density. This multifamily apartment building is positioned on Clinton Avenue, providing residents with proximity to the local transit corridors and community infrastructure that characterize the region. The property consists of two distinct residential units, offering an entry-level investment opportunity within this established market. Investors may find this asset suitable for a long-term hold strategy, given the ongoing evolution of the Kingston submarket. Its scale allows for manageable operations, catering to tenants seeking stable housing in a central urban setting. The layout supports consistent rental income potential, making it a pragmatic addition to a portfolio focused on smaller, well-positioned multi-family dwellings.

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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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