200 Tremper Avenue

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200 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 residential building located at 200 Tremper Avenue in Kingston.
  • The property consists of five individual rental apartment units.
  • Kingston provides a strategic position within the broader Hudson Valley market.
  • The asset represents a standard residential investment in a growing region.
  • Zoned for residential apartment use in the zip code 12401.

What's Special

Investors seeking to expand their residential holdings in the Hudson Valley will find this five-unit apartment building at 200 Tremper Avenue a practical addition to an existing portfolio. Kingston maintains a steady demand for rental housing, supported by its proximity to regional transit arteries and a growing local economy that attracts both full-time residents and weekend visitors. The property provides a manageable scale for localized management while offering consistent income potential within this historic city. Given the current configuration, this multifamily asset serves as an established residential investment opportunity. Its position within the market allows for proximity to local commercial corridors and community services, ensuring accessibility for tenants. The surrounding area remains a primary hub in Ulster County, characterized by a mix of residential growth and revitalized infrastructure. This building presents a functional asset for those looking to capitalize on the sustained rental demand prevalent in Kingston.

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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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