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Renovated 3-Unit Triplex
For Sale
$499,000

3115 State Route 28, Old Forge, NY 13420

Commercial Sale, Old Forge, NY

Property Size1,460 SF
Lot Size0.14 Acres
Price / SF$341.78
Days on Market583

Property Features for 3115 State Route 28

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 6
Security features Security Lighting
Basement Unfinished
Appliances Electric Oven, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater
Elementary school district Town of Webb UFSD
Middle school district Town of Webb UFSD
High school district Town of Webb UFSD
Directions As you drive into the town of Old Forge, past the town center at the 5 corners, continue and building is on the left next to the Blue Line Coffee Shop.
Subdivision Old Forge, Inlet, Eagle Bay, Big Moose
Standard status Active
APN 041.51-1-69.2
Size 1,460 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 2519

Utilities

Sewer type Public Sewer
Heating system Wall Furnace, Forced Air, Oil
Cooling system Window Unit(s), Wall/Window Unit(s)

Building Details

Year built 1900
Floors in Building 2
Number of units 3
Flooring type Carpet, Laminate
Building materials Batts Insulation, Vinyl Siding, Wood Siding
Roof type Asphalt, Shingle
Listing Agency: Timm Associates Sothebys International Realty
Listed By: Sandra Albert
Added: Jan 31, 2025 Changed: Sep 4 Last Checked: Sep 6 at 8:06AM
MLS# 203857

Copyright © 2026 Adirondack Champlain Valley MLS. 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.

This renovated triplex contains three one-bedroom apartments within a 1,460-square-foot building on a 0.14-acre parcel. Furnishings are included, along with electric kitchen appliances, laminate and carpet flooring, vinyl and wood siding, and asphalt shingle roofing. Heating is provided by oil, wall furnace, and forced air systems, while cooling is available through wall or window units.

The property is located at 3115 State Route 28 in Old Forge, NY, within Herkimer County. It has Commercial zoning and is served by public sewer. Built in 1900, the building combines established construction with updated interior accommodation and an existing occupancy mix: two apartments operate as Airbnbs, while the third is occupied under a year lease.

Key Highlights

  • Three 1 bedroom apartments in a triplex configuration
  • 1,460 square feet on a 0.14‑acre parcel
  • Commercial zoning in Old Forge, NY

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Storage Facility Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 13420, NY

1,263
Population
2,441
Households
0.5
Avg Household Size
55
Median Age
62%
College-Educated
91%
High-School Grad
148.2 sq mi
ZIP Area
9
Density / Sq Mi
$107,770
Median Household Income
$47,346
Median Earnings
$348,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Commercially zoned building with furnished apartments and a mix of short- and longer-term occupancy.
Where is this triplex located?
The property is located at 3115 State Route 28 Old Forge, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Three 1 bedroom apartments in a triplex configuration; 1,460 square feet on a 0.14‑acre parcel; Commercial zoning in Old Forge, NY
More about this property
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