20 Abbey Street

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20 Abbey 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 property consists of two distinct residential units for sale
  • It is situated in the city of Kingston, New York
  • This apartment building is located at 20 Abbey Street
  • The asset resides within the 12401 zip code region
  • This building functions as a multifamily residential investment asset

What's Special

This two-unit apartment building located at 20 Abbey Street in Kingston, New York, presents a straightforward residential investment within a historically significant and growing city. Kingston serves as a central hub in the Hudson Valley, benefiting from its proximity to regional transit corridors and a steady demand for rental housing among commuters and local professionals. The property type is well-suited for a variety of investors seeking a manageable multifamily asset in a market characterized by its vibrant downtown areas and proximity to natural landscapes. With its established configuration, this building provides a functional space for long-term residential tenants seeking access to the cultural and economic opportunities within the wider Ulster County region. Prospective buyers will find this asset fits into portfolios focused on residential stability and consistent occupancy within an evolving suburban and urban corridor of the state.

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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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