208 Albany Avenue

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208 Albany 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 in Kingston
  • Total inventory consists of 10 individual units
  • Situated at the address of 208 Albany Avenue
  • Asset functions as a traditional apartment building
  • Property supports residential investment within Ulster County

What's Special

This 10-unit multifamily apartment building at 208 Albany Avenue serves as a stable residential asset in the city of Kingston. The property provides a configuration suitable for sustained rental operations in an area that continues to experience consistent demand for housing. Kingston sits as a primary hub within the Hudson Valley, benefiting from its proximity to regional transit corridors and a steady influx of residents seeking a balance of historic character and modern accessibility. Investors often prioritize assets of this scale for their potential to provide reliable cash flow and effective property management outcomes within the local multifamily sector. The density offered by this 10-unit structure positions it well for long-term hold strategies in a market defined by its evolving demographic landscape and persistent need for quality apartment housing.

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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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