105 Cedar Street

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105 Cedar Street

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).

  • Three-unit multifamily apartment building located in Kingston.
  • Property situated within the 12401 zip code area.
  • Well-positioned asset for long-term residential rental investment.
  • Located in the diverse and historic Hudson Valley region.
  • Manageable size for focused residential management strategies.

What's Special

The apartment building at 105 Cedar Street in Kingston, New York, consists of three residential units. Situated in the Hudson Valley, Kingston serves as a central hub for the region, balancing historical character with a steady demand for rental housing. The local economy benefits from a mix of tourism, creative industries, and proximity to regional transit corridors, making it a viable area for residential investments. This multifamily asset provides a scaled-down entry point into the local housing market, suitable for investors looking to acquire a manageable property in a well-established community. The configuration of the units allows for flexible management strategies tailored to current regional rental market trends. Prospective buyers may find potential in stabilizing cash flow through these three apartments, which cater to the long-term needs of the growing Kingston demographic seeking accessible residential options in a walkable setting.

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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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