High-Yield 6-Unit Income
For Sale
$798,000
Pending
108 Vineyard Ave, Highland, NY 12528
Turnkey 6-unit property with a 10% cap rate.
Property Size3,504 SF
Days on Market190
Property Features for 108 Vineyard Ave
General Information
Standard status
Pending
Size
3,504 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,980
Building Details
Building Size
3,504 SF
Year Built
1890
Units
6
Listing Agency:
MS Realty Group USA, Inc
Listed By:
Moses Zwiebel
(845) 200-1749
Source:
Elliman
Added: Apr 20
Changed: Oct 25
Last Checked: Oct 24 at 7:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MS Realty Group USA, Inc
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Investment Insights
Based on property information with market context.
This 6-unit income property in Highland, NY, operates at a 10% cap rate and has a history of zero vacancy. Tenants cover their own utility costs, reducing owner expenses. The property includes parking for residents and is occupied by tenants. This turnkey asset is suited for those looking to 1031 exchange or start a high-yield portfolio.
Key Highlights
- 10% Cap Rate: High return on investment.
- Proven History of Zero Vacancy: Demonstrates consistent income.
- Tenants Pay Utilities: Significantly reduces owner expenses.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
314
Businesses Nearby
Explore this area
Business Placement
Demographics for 12528, NY
14,089
Population
6,332
Households
2.2
Avg Household Size
44
Median Age
42%
College-Educated
94%
High-School Grad
44.9 sq mi
ZIP Area
314
Density / Sq Mi
$89,096
Median Household Income
$57,626
Median Earnings
$1,642
Median Rent
$337,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 6-unit property with a 10% cap rate.
Where is this apartment building located?
The property is located at 108 Vineyard Ave Highland, NY.
What is the asking price?
The asking price for this property is $798,000.
What are key features of this property?
This property features: 10% Cap Rate: High return on investment.; Proven History of Zero Vacancy: Demonstrates consistent income.; Tenants Pay Utilities: Significantly reduces owner expenses.
