44 Herkimer Road Utica, NY 13502
MULTI_FAMILY - Other - Utica, NY
Property Features for 44 Herkimer Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bedroom 1
- Interior features
- CeilingFans
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 301600-307-013-0002-056-000-0000
- Size
- 2,236 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4507
Utilities
- Heating system
- Natural Gas, Forced Air, Electric (Heating), Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Vinyl, Carpet
- Building materials
- VinylSiding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Bozena Sroczyk License #10301203551 (315) 525-7600
Listing office Coldwell Banker Faith Properties 2811 Genesee St, Utica, NY (315) 735-2222
Listing date Jan 26, 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.
The second floor includes a one-bedroom apartment, giving the building a mixed-use configuration. The property is located on a high-visibility site in a busy commercial area, surrounded by the North Utica Shopping Center, Aldi, and Byrne Dairy.
With office space on the lower level and residential space above, the layout supports a practical live-and-work arrangement or a flexible mixed-use ownership structure, depending on the buyer’s goals.
Key Highlights
- Recently remodeled building converted from a dental office into versatile office space
- Second floor includes a one‑bedroom apartment
- Central air plus heating options including natural gas, electric (heating), baseboard, and forced air
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 | $36.2k | $16.20 |
| − Vacancy | −$2.4k | −$1.06 |
| EGI | $33.8k | $15.14 |
| − OpEx | −$15.2k | −$6.81 |
| NOI | $18.6k | $8.32 |
