167 Tremper Avenue

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167 Tremper 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 situated at the address 167 Tremper Avenue.
  • Strategic position within the growing Hudson Valley rental market.
  • Asset suitable for residential investment and portfolio growth.
  • Convenient access to regional amenities and commercial centers.

What's Special

Investors seeking an income-generating multifamily asset will find this apartment building at 167 Tremper Avenue in Kingston, NY, a compelling acquisition. The property provides a residential housing solution in a city that serves as a regional hub within the Hudson Valley, benefiting from proximity to both local commerce and the broader New York metropolitan corridor. This location remains attractive to tenants who value access to essential services and the historic character of the surrounding neighborhoods. As Kingston continues to experience demographic shifts and increased housing demand, this apartment building presents an opportunity to capture recurring rental revenue. Its positioning allows for strategic management in a market characterized by steady occupancy rates and sustained interest from residential renters. Whether for a long-term hold or a portfolio expansion, this asset is well-situated to serve the regional rental population while anchoring a position in an established Upstate New York community.

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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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