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    Herkimer, NY Apartment Buildings for Sale

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    Five-Unit Apartment Building
    Updated: Apr 21
    Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot
    Fully renovated five‑unit apartment building with linoleum and laminate flooring
    100% occupancy reported for in‑place residential income
    0.115‑acre lot with driveway off‑street parking and porches
    Vinyl siding exterior with asphalt roof
    Built in 1930
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    2389 State Route 5, Utica, NY 13502

    $1,299,000
    13,632 sqft 2.00 AC lot

    Fully operational restaurant and 14 apartment units on approximately 2 acres along State Route 5.

    View details
    Redevelopment Opportunity on Main Street
    Redevelopment Opportunity on Main Street

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

    Contact for pricing
    46,000 sqft

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

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    40 N William St, Little Falls, NY 13365

    $125,000
    3,240 sqft

    Corner-lot six-unit building with one three-bedroom, three two-bedroom, and two one-bedroom apartments.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1310 Bleecker Street, Utica, NY 13501

    Contact for pricing
    8,296 sqft

    Vacant six-unit apartment building with 3-bedroom units and rear parking, sold in as-is condition requiring major rehab.

    View details

    Herkimer, NY Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Herkimer, NY on our real estate platform.

    Sale prices for two-family homes in Herkimer, NY average $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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