108 Pierpont Street

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108 Pierpont 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).

  • Multifamily apartment building available for purchase in Kingston
  • Located at 108 Pierpont Street in the 12401 zip code
  • Asset sits within the growing Hudson Valley real estate market
  • Suitable for investors targeting residential rental income growth

What's Special

This multifamily apartment building at 108 Pierpont Street in Kingston, NY, represents a functional acquisition for investors seeking to expand their residential holdings in the Hudson Valley. Kingston serves as a growing regional hub, attracting interest from individuals who value its historic character and proximity to major transit routes. The local market benefits from consistent demand for quality rental housing, making this asset a viable candidate for long-term hold strategies. The property structure is well-suited for stable residential operations, allowing owners to address the needs of a diverse tenant base. Given the current density and residential character of the surrounding Kingston area, this apartment building fits seamlessly into a portfolio focused on stable cash flow and asset appreciation. Professional management can leverage the location to maintain consistent occupancy levels while serving the needs of the growing local workforce and those relocating to this vibrant 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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