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 available for sale in Kingston, New York.
  • The residential property consists of 5 individual rental units.
  • Located at 113 Fair Street within the 12401 zip code.
  • Strategic position in the expanding Hudson Valley regional housing market.

What's Special

Kingston serves as a focal point for the Hudson Valley economy, balancing a historic identity with a growing demand for residential inventory. This multifamily apartment building is situated at 113 Fair Street, providing proximity to the core commercial districts and local infrastructure that define this regional hub. With a steady population base and consistent interest in rental housing throughout the area, the property is positioned to serve as a long-term addition to an investor portfolio. The asset contains 5 units, structured to accommodate demand from tenants seeking centralized living arrangements. The scale of the property allows for efficient management while capturing the ongoing interest in urban-adjacent living within the upstate New York market. Investors looking to acquire residential assets in a established community will find this building aligns with regional housing trends, offering a practical approach to residential operations in a versatile submarket.

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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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