310 Main StEndicott, NY 13760

For Sale
$799,999

14-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 14-unit apartment building, located at 310 E Main St, Endicott, NY 13760, presents a compelling investment opportunity. Boasting a total of 7,072 square feet on a 0.27-acre lot, this property offers 100% occupancy and a strong net operating income (NOI) of $81,604, translating to a 10.20% capitalization rate. Each of the 14 one-bedroom units is priced at $57,143, contributing to the overall asking price of $799,999 ($113 per square foot). Constructed in 1970, the building benefits from ample off-street parking, a significant advantage in this thriving market. Situated on Main Street, this property enjoys exceptional visibility and accessibility, with a daily traffic count exceeding 25,000 vehicles. Its strategic location provides easy access to major roadways including Route 17C, NYS Route 26, and I-86. The property is in a rapidly developing area, benefiting from the growth spurred by new battery and solar manufacturers, adding to its long-term investment potential. Please note: This property must be purchased as a package with 1104 Monroe Ave. The building is located within a municipal electric zone.

Highlights

  • 14 one-bedroom units
  • Main Street frontage
  • Located in a municipal electric zone
  • Excellent access to major highways
  • Central Endicott location
  • High-growth area

Property Details for 310 Main St

Property type
Multifamily properties, Apartment buildings
Square Feet
7,072 SF
Year Built
1970
Lot Size (sq. ft)
11,761 SF
Units
14

Location Insight

City
Endicott
County
Broome
State
New York
Latitude
42.0946415
Longitude
-76.0612011
310 Main St, Endicott, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
310 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message