175-177 Marys Avenue

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175-177 Marys 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
  • Asset features a total of four residential units
  • Property situated at 175-177 Marys Avenue in Ulster County
  • Mid-market rental property suitable for residential investment strategies
  • Asset located in a growing Hudson Valley residential hub

What's Special

Investors seeking to expand their residential portfolios will find this four-unit multifamily property on Marys Avenue a practical acquisition in Kingston. The apartment building provides a stable foundation for rental income within a city that continues to attract interest for its blend of historic character and proximity to the Hudson Valley labor market. The site is positioned to serve local housing demand, offering functional living spaces that remain highly sought after by regional commuters and long-term tenants alike. Kingston serves as a primary hub in Ulster County, benefiting from ongoing revitalization efforts and consistent population growth. The local economy is supported by a mix of retail, hospitality, and service-based industries, providing a steady baseline for residential occupancy. This asset is well-situated for an owner-operator or an investor focused on the mid-market residential sector, where demand for apartment housing in established urban corridors remains reliable across the broader regional landscape.

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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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