170 Downs Street

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170 Downs 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).

  • The multifamily asset contains two individual residential units for lease.
  • Property is located in the city of Kingston, New York.
  • This apartment building is situated in the 12401 zip code area.
  • The investment site is positioned within the regional Hudson Valley market.

What's Special

170 Downs Street operates as a two-unit multifamily apartment building in Kingston, New York. Situated within the 12401 zip code, the property serves the local rental market in a city recognized for its historical significance and ongoing economic development in the Hudson Valley region. This asset type is suited for investors focused on small-scale residential holdings or portfolio expansion within the growing Upstate New York market. The building provides a stable foundation for residential leasing strategies, benefiting from the steady demand for housing in this regional hub. Given the layout and configuration, the units function well for long-term residential tenants seeking access to Kingston’s downtown amenities and transit connectivity. Prospective buyers should consider this property for its potential to serve as an entry-level investment or a streamlined addition to an existing rental portfolio in an established suburban 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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