171 Greenkill Avenue

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171 Greenkill 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 available for sale in Kingston
  • Strategically located at 171 Greenkill Avenue in Ulster County
  • Residential asset suitable for diverse investment management strategies
  • Positioned within an established neighborhood in the Hudson Valley
  • Property offers potential for long-term rental income generation

What's Special

Investors seeking an income-generating multifamily asset will find a practical acquisition at 171 Greenkill Avenue in Kingston, New York. This apartment building provides a residential investment opportunity in the heart of the Hudson Valley. Kingston maintains a distinct character, blending historic charm with a growing regional economy that draws professionals and families to the area. The property is well-positioned for those looking to manage rental units within a market that benefits from consistent demand for housing and proximity to local services. Strategic positioning in Ulster County allows for convenient access to regional transit routes, connecting the area to broader commercial hubs throughout the state. Given the current configuration, this apartment building is suited for buy-and-hold strategies or value-add improvements to align with the evolving demographics of the Kingston submarket. Ownership of this site represents a tangible stake in one of the region's more established residential corridors, offering a foundational asset for a diversified real estate portfolio.

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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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