20 North Street

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20 North 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).

  • Located at 20 North Street in Kingston New York
  • This multifamily property consists of two residential units
  • Asset functions as a boutique apartment building for investors
  • Positioned within the established Hudson Valley rental submarket
  • Building is currently available for purchase by interested parties

What's Special

Kingston, New York, serves as a central hub in the Hudson Valley, characterized by a mix of historic architecture and a steady rental market. This multifamily apartment building, situated at 20 North Street, benefits from the region's proximity to regional transit corridors and the growing appeal of the area for residents seeking accessibility to both nature and urban amenities. The asset comprises two units, presenting a straightforward investment for those looking to expand their residential holdings in the Kingston market. Given its scale, the property is suitable for private investors or small-scale operators focusing on long-term residential leasing within this established community. The layout provides potential for consistent occupancy in a submarket supported by local commercial development and an expanding regional economy.

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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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