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 apartment building available for purchase in Kingston
  • Asset features a total of ten individual residential units
  • Located at 208 Albany Avenue within the 12401 zip code
  • Strategically positioned in the growing Hudson Valley regional market
  • Suitable for investors focused on steady residential rental income

What's Special

This multifamily apartment building at 208 Albany Avenue in Kingston, New York, is available for sale and serves as a functional addition to a real estate portfolio. Comprising 10 units, the property provides steady residential space within a historic region of the Hudson Valley. Kingston continues to see demand from residents seeking an alternative to larger metropolitan markets while maintaining proximity to major transit corridors and local commerce. Investors will find this asset suitable for long-term hold strategies in a market characterized by a mix of local residents and regional commuters. The building layout allows for efficient residential management, catering to the ongoing need for rental housing in the 12401 zip code. Its location near downtown Kingston places it within reach of essential services and the community fabric that defines this growing upstate market.

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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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