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    Herkimer, NY
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    Herkimer, NY Apartment Buildings for Sale

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    Mohawk, NY Ilion, NY Frankfort, NY
    Five-Unit Multifamily Building
    Updated: Apr 21
    Five-Unit Multifamily Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot
    Five‑unit investment property, fully renovated and well‑maintained
    100% occupied for immediate income
    Built in 1930 with asphalt roof and vinyl siding
    Utilities include public water
    Heating includes baseboard, forced air, electric, and natural gas
    View details
    Mixed-Use Student Housing Investment
    Updated: Feb 23
    Mixed-Use Student Housing Investment

    650 W German St, Herkimer, NY 13350

    Contact for pricing
    36,500 sqft
    Diversified "three‑pillar" income model provides stable cash flow and reduces risk.
    Institutional cash flow with direct payments from institutions and schools virtually eliminates student‑tenant collection risk.
    Located in a designated Opportunity Zone, offering potential tax advantages for investors.
    Mixed‑use property with on‑site restaurant, convenience store, and other amenities generates year‑round revenue.
    High parking ratio (1.29/bed) provides a competitive advantage.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Redevelopment Opportunity on Main Street
    Redevelopment Opportunity on Main Street

    2-8 West Main Street, Little Falls, NY 13365

    $275,000
    46,000 sqft

    Mixed-use redevelopment opportunity in Little Falls, New York.

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    Little Falls Multifamily Investment Opportunity
    Little Falls Multifamily Investment Opportunity

    40 N William Street, Little Falls, NY 13365

    $125,000
    3,240 sqft · 0.09 AC lot

    Six-unit apartment building on a corner lot in Little Falls.

    View details
    Well-Kept Apartment Building For Sale
    Well-Kept Apartment Building For Sale

    1412 Catherine Street, Utica, NY 13501

    $359,900
    5,888 sqft

    Six-unit apartment building with parking lot, month-to-month tenants.

    View details
    Six-Unit Apartment Building Requiring Rehab
    Six-Unit Apartment Building Requiring Rehab

    1310 Bleecker St, Utica, NY 13501

    $149,000
    8,296 sqft

    Six-unit apartment building needing major rehab, sold as-is.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Herkimer, NY Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 36,500 square feet of properties for sale, with an estimated market value of $399,999.

    Sale prices for two-family homes in Herkimer, NY start at $0.00, averaging $199,999, and reaching up to $399,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,641
    Population Growth (5Y) -1.9%
    Median Household Income $62,548
    College Educated 28.7%

    High-Yield Neighborhoods for Investment

    Identify Herkimer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    13350 $400K

    Taxes & Financing

    Tax Rate (average for all types) 6.31%
    Property Tax per SF $70.25 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Herkimer County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Herkimer fall within the 10,000 to 25,000 square foot range.

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