20 Ravine Street

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20 Ravine 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).

  • Multifamily apartment building located in Kingston New York
  • Asset features a total of three residential units
  • Property is positioned at 20 Ravine Street zip 12401
  • Ideally suited for long term residential rental income
  • Situated within the accessible and historic Hudson Valley region

What's Special

This multifamily apartment building at 20 Ravine Street in Kingston, New York, contains three residential units. Kingston remains a key hub within the Hudson Valley, characterized by its historic architecture and ongoing appeal for residents seeking proximity to both regional employment centers and the natural landscape of the Catskills. The property provides a configuration suitable for an investor seeking to manage a small-scale residential asset within a growing market. Given the current layout, the building functions well for traditional long-term leasing strategies. Tenants in this submarket often value the accessibility to local transit corridors and the distinctive character of the City of Kingston. Its location offers potential for steady rental income streams in a region that continues to experience demand for varied housing options. Prospective buyers may consider this site for a stable addition to a residential investment 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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