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    33 W Main Street Angelica, NY 14709

    View on Map
    For Sale
    $136,900

    MULTI_FAMILY - Other - Angelica, NY

    Property size:
    2,640 SF
    Lot size:
    0.06 Acres
    Added:
    Nov 3, 2025
    Days on Market:
    152
    Last Refresh:
    Apr 4 at 5:06 am

    Property Features for 33 W Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Standard status
    Active
    APN
    023201-120-080-0001-009-000-0000
    Size
    2,640 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1900

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Electric (Heating), Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Laminate
    Building materials
    VinylSiding
    Architectural style
    Other

    We can help!

    Listing Contact
    Hayleigh Federowicz

    Listing agent Hayleigh Federowicz License #10401380910

    Listing office WNY Metro Roberts Realty 5687 Main St., cheektowaga, NY

    Listing date Nov 3, 2025

    MLS# B1648817

    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.

    Overview

    Mixed-Use Property in Angelica, NY

    Located in the heart of Angelica's Main Street district, this three-unit mixed-use property offers income potential and versatility. The main level features a commercial storefront with architectural details, suitable for a retail shop, boutique, cafe, or creative studio. Previously a clothing business and a boutique restaurant, the space includes a half bath, kitchenette, and a flexible layout. Upstairs, a maintained three-bedroom apartment operates as an Airbnb, featuring an open-concept layout, modern kitchen, and a three-season porch with access to an open deck. Appliances will remain, and other furnishings are negotiable. A studio apartment on the rear lower level provides rental income with a long-term tenant. The property has been updated, including new siding and interior improvements. The property is located near Houghton College, Alfred University, and Alfred State College, making it suitable for student housing, visiting faculty, or short-term guests. It is surrounded by local shops, dining, and community events. The property size is 2,640 square feet on a lot of 0.06 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Your True North, ... Clothing & Fashion Store

    Suggested Use

    Real Estate Agency Restaurant Nail Salon Auto Repair Shop Auto Parts Store Food Market Cafe & Coffee Shop Storage Facility Clothing & Fashion Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Angelica
    County
    Allegany
    State
    New York
    Longitude
    -78.018023
    Latitude
    42.306548

    Nearby Similar for Sale

    • $349,900
      40,716 SF

      Versatile Commercial Building in Angelica, NY

      4.8-acre commercial building in historic Angelica, NY, with redevelopment potential.
      21 E Main Street, Angelica, NY 14709
      View Details
    • $138,900
      2,640 SF

      Mixed-Use Property in Angelica, NY

      Three-unit mixed-use property with income potential in vibrant Main Street.
      33 W Main Street, Angelica, NY 14709
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Three-unit mixed-use property with income potential in vibrant Main Street.
    Where is this mixed-use property located?
    The property is located at 33 W Main Street Angelica, NY.
    What is the asking price?
    The asking price for this property is $136,900.
    What are key features of this property?
    This property features: Strong income potential with a 3‑unit mixed‑use property, great for investors or live/work.; Prime Main Street location near colleges, ideal for student housing or short‑term rentals.; Main level commercial storefront with flexible layout, half bath, and kitchenette.
    (716) 367-7707
    We can help!
    Listing Contact
    Hayleigh Federowicz
    Real Estate License ID: 10401380910
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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