29613 State Route 12 Clayton, NY 13624
COMMERCIAL - Clayton, NY
- Added:
- Apr 11, 2026
- Days on Market:
- 93
- Last Refresh:
- Jul 12 at 11:06 am
Property Features for 29613 State Route 12
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 4, Bedroom 5
- Parking features
- Driveway, Garage
- Patio and Porch features
- Patio
- Exterior features
- BlacktopDriveway, Patio, PropaneTankLeased
- Appliances
- GasOven, GasRange, PropaneWaterHeater, Refrigerator
- Standard status
- Active
- APN
- 223289-052-000-0001-066-000
- Size
- 4,867 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1976
Utilities
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Wood
- Water source
- Well
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 8
- Flooring type
- Varies, Laminate, Vinyl
- Building materials
- VinylSiding
- Roof type
- Metal
Listing agent Noah Taylor License #10401359495 (315) 778-6473
Listing office Keller Williams Northern New York 114 Court Street, East Syracuse, NY (315) 459-6619
Listing date Apr 11, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Key Highlights
- 8‑unit apartment building on a 1.50‑acre lot with 4,867 SF of one‑story living space
- Unit mix includes five 1‑bedroom apartments, two studios, and one 3‑bedroom apartment
- Rental income totals $5,370/month from existing tenants, with a remodeled 1‑bedroom unit currently vacant
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.1k | $14.40 |
| − Vacancy | −$4.9k | −$1.01 |
| EGI | $65.2k | $13.39 |
| − OpEx | −$29.3k | −$6.03 |
| NOI | $35.8k | $7.37 |
