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    123 Brown Street Ext Penn Yan, NY 14527

    Pending
    For Sale
    $215,000

    MULTI_FAMILY - Other - Penn Yan, NY

    Property size:
    2,600 SF
    Lot size:
    0.25 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 123 Brown Street Ext

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 2, Bedroom 3, Bathroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
    Bedrooms
    4
    Bathrooms
    3
    APN
    573001-061-027-0001-007-000-0000
    Parking features
    Open
    Interior features
    CeilingFans
    Appliances
    GasWaterHeater
    Size
    2,600 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Natural Gas, Baseboard, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1905
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Laminate, Carpet, Varies
    Building materials
    ShakeSiding, PexPlumbing
    Roof type
    Asphalt
    Architectural style
    Other

    Keuka Lake & Land Realty (315) 536-7446 [email protected]

    Listing agent Dale A Lane (315) 536-7446 License #10331200134

    Listing date Oct 23, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Penn Yan Multifamily Investment Opportunity

    Located in the Village of Penn Yan, this multifamily property features two units. Apartment 1 is a vacant, fully renovated 3-bedroom unit with 1.5 bathrooms, a kitchen, and laundry facilities. Apartment 2 is occupied by a long-term tenant and includes 1 bedroom and 1 full bathroom, generating a monthly income of $625. The property is suitable for first-time investors and eligible for FHA financing. Additional features include a 2-car garage. The exterior has been freshly painted, and a new roof has been installed. The lot size is 0.25 acres, and the property size is 2600 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penn Yan
    County
    Yates
    State
    New York
    Longitude
    -77.055075
    Latitude
    42.654974

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in Penn Yan with rental income potential.
    Where is this duplex located?
    The property is located at 123 Brown Street Ext Penn Yan, NY.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Vacant, totally redone 3-bedroom, 1.5 bath apartment with kitchen and laundry.; - Existing 1-bedroom apartment with long-term renter providing immediate income ($625/month).; - New roof and fresh exterior paint.
    (315) 536-7446
    Request Owner's contact information
    123 Brown Street Ext Penn Yan, NY 14527
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Brown Street Ext Penn Yan, NY 14527
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