113 Fair Street

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113 Fair 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 located at 113 Fair Street in Kingston.
  • Property features a total of five individual residential units.
  • Positioned within the active and developing Hudson Valley real estate market.
  • Well-suited for residential rental investment in the Ulster County region.
  • Coordinates place the asset centrally within the Kingston city limits.

What's Special

Kingston serves as a primary hub within the Hudson Valley, benefiting from its proximity to regional transportation routes and a consistent demand for housing. This multifamily apartment building, situated at 113 Fair Street, provides a strategic addition to a local investment portfolio. The property spans 5 units in a historic and accessible part of the city, placing residents within reach of the local commercial corridors and the broader economic activity of Ulster County. Multifamily assets in this submarket typically attract a stable tenant base seeking convenience and proximity to neighborhood amenities. Given the current configuration, this building functions as a versatile holding for investors looking to capitalize on the sustained need for residential rentals in a growing regional 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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