2065 State Route 32

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2065 State Route 32

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.
  • Property situated at 2065 State Route 32.
  • Located within the growing Hudson Valley suburban market.
  • Asset type provides potential for stable rental income.
  • Positioned with access to local regional transit infrastructure.

What's Special

Kingston serves as a significant economic and cultural hub within the Hudson Valley, benefiting from its regional connectivity and proximity to major transit corridors. This multifamily apartment building, situated at 2065 State Route 32, sits within a growing suburban market that supports a steady demand for residential housing. The property offers a stable profile for investors looking to expand their presence in this established New York market. Given its configuration and location, the asset is well-positioned to serve long-term tenants seeking access to local employers and the broader Ulster County area. The surrounding infrastructure provides reliable support for residential operations, making this an addition to a portfolio focused on rental income and property appreciation in a diverse 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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