188 Tremper Avenue

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188 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 asset located at 188 Tremper Avenue in Kingston.
  • The building structure consists of exactly 2 residential units.
  • Kingston serves as a primary hub within the Hudson Valley.
  • Strategic regional location between New York City and Albany.
  • Suitable for residential rental income or owner-occupant use.

What's Special

This multifamily apartment building contains 2 units and is situated at 188 Tremper Avenue in Kingston, New York. The property serves as a stable residential asset in a city known for its historic charm and expanding housing demand within the Hudson Valley region. Kingston offers a strategic location between New York City and Albany, appealing to long-term renters who value regional connectivity and access to local amenities. Investors may find this property suitable for an owner-occupant arrangement or as a consistent addition to a residential rental portfolio. Given the ongoing growth in the Ulster County submarket, properties of this scale provide fundamental utility for tenants seeking reliable housing. The site sits within a well-established neighborhood structure, ensuring proximity to local infrastructure and the broader economic activity of the Mid-Hudson area.

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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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