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    632 State Highway 11C Winthrop, NY 13697

    Pending
    For Sale
    $540,000

    COMMERCIAL, Five Or More Family,Commercial - Winthrop, NY

    Property size:
    7,632 SF
    Days on Market:
    42
    Last Refresh:
    Dec 8 at 9:06 pm

    Property Features for 632 State Highway 11C

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    15
    Bathrooms
    13
    APN
    34.076-2-29 & 34.076-2-28
    Exterior features
    Storage/Out-building(s)
    Appliances
    Refrigerator
    Size
    7,632 SF

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1950
    Floors in Building
    2
    Number of units
    13
    Flooring type
    Carpet, Carpet - Full, Laminate, Vinyl
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    King Realty NNY (315) 355-7455

    Listing agent Taylor Harper (315) 355-7455 License #10371201989

    Listing date Oct 28, 2025

    MLS# 51138 Listing URL

    Copyright © 2025 St. Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Multifamily Investment Opportunity

    This investment opportunity features two multifamily buildings, totaling 13 fully rented units, situated on a corner lot. The property has a strong rental history and consistent income. Recent updates include a new rubber roof and a new hot water heater in one building, along with renovations to approximately half of the units. Parking areas have been expanded and upgraded. All units are currently rented. There are 8 electric meters; tenants in 6 of the apartments pay their own electric. All other utilities are covered by the building owner. The property is located in Winthrop, NY.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Hair Salon Nail Salon Storage Facility Grocery Store Car Rental Home Appliance Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winthrop
    County
    St. Lawrence
    State
    New York
    Longitude
    -74.78826
    Latitude
    44.792946

    FAQs

    What type of property is this?
    Apartment building - Thirteen-unit multifamily property in Winthrop, NY, with strong rental history.
    Where is this apartment building located?
    The property is located at 632 State Highway 11C Winthrop, NY.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: - Fully Occupied 13-Unit Multifamily Property: Provides immediate cash flow.; - High Capitalization Rate: Projected at approximately 11%, indicating a strong return on investment.; - Recent Updates: Includes a new rubber roof, new hot water heater, and renovations to approximately half of the units.
    (315) 355-7455
    Request Owner's contact information
    632 State Highway 11C Winthrop, NY 13697
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    Winthrop, NY 13697
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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
    632 State Highway 11C Winthrop, NY 13697
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