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    Herkimer, NY Apartment Buildings for Sale

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    5-Unit Apartment Building
    Updated: Sep 28
    5-Unit Apartment Building

    221 N Prospect Street, Herkimer, NY 13350

    $209,900
    5,652 sqft 0.16 AC lot
    Five apartments: three 1‑bedroom units, one studio, and one 2‑bedroom unit
    All five units are currently rented
    5,652‑square‑foot building on a 0.16‑acre lot
    Six dedicated parking spaces
    Built in 1974; block construction and a relatively new asphalt roof
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    Five-Unit Apartment Building
    Updated: Sep 28
    Five-Unit Apartment Building

    221 N Prospect Street, Herkimer, NY 13350

    $209,900
    5,652 sqft 0.16 AC lot
    Five apartments: three one‑bedroom units, one studio, and one two‑bedroom unit
    All five units are currently rented
    5,652 square feet on a 0.16‑acre lot
    Six dedicated parking spaces
    Direct access to Herkimer College
    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    $399,999
    0.12 AC lot

    Occupied multifamily property with off-street driveway parking and a porch in Herkimer.

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    See hot listings in Herkimer

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    516 Steuben rd, Herkimer, NY 13350

    Contact for pricing
    5,008 sqft

    Fully occupied multifamily property with off-street parking.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    221 N Prospect St, Herkimer, NY 13350

    $209,900

    All apartments are occupied, with a mix of studio, one-bedroom, and two-bedroom layouts.

    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    18 N Main St, Newport, NY 13406

    $229,000
    3,717 sqft

    Fully occupied property with updated systems, separate electric metering, and off-street parking.

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

    18 N Main St, Newport, NY 13406

    $229,000
    3,717 sqft

    Fully occupied apartment property with updated systems, separate electric metering, outdoor space, and off-street parking.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    40 N William Street, Little Falls, NY 13365

    $125,000
    3,240 sqft 0.09 AC lot

    Corner-lot apartment property with a varied unit mix and tenant-paid electric service.

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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

    Herkimer, NY Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Herkimer, NY, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,312 square feet of properties for sale, with an estimated market value of $1,029,699.

    Sale prices for two-family homes in Herkimer, NY start at $209,900, averaging $257,424, 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 $257.4K

    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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