Oneonta Apartment Building Near
For Sale
$525,000
66 Church Street, Oneonta, NY 13820
COMMERCIAL - Oneonta, NY
Property Size3,186 SF
Lot Size0.06 Acres
Price / SF$164.78
Days on Market168
Property Features for 66 Church Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
5
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1
Parking features
Driveway, Garage
Appliances
Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Directions
Main St to Chestnut St. Take a right onto Church St. Building is on the corner of Washington St and Church St.
Subdivision
Oneonta-City-361200
Standard status
Active
APN
288.17-5-15
Size
3,186 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
9861
Utilities
Heating system
Electric (Heating), Baseboard
Water source
Public
Building Details
Year built
1975
Floors in Building
2
Number of units
6
Flooring type
Carpet, Varies, Laminate, Tile, Vinyl
Building materials
Frame, VinylSiding
Roof type
Asphalt, Rubber, Flat, Membrane
Listing Agency:
Oneonta Realty, LLC
(607) 441-7312
Listed By:
Christine Keto · License #30KE1019431
(607) 287-8458
Added: Feb 13
Changed: Jul 31
Last Checked: Jul 31 at 3:06PM
MLS# R1661973
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.
This six-unit apartment building is located in close proximity to downtown, colleges, and bus routes. The building contains four two-bedroom apartments, one studio apartment, and one one-bedroom apartment. Each apartment has been updated. Each apartment has separate utilities along with easy access to a common area for laundry. The total rents are currently $3750 monthly, $45,000 per year. There are two vacant apartments that are being freshened up for incoming tenants. The income when fully rented is $5550 per month, $66,600 per year. The property is situated on a lot of 0.06 acres and the building size is 3186 square feet.
Key Highlights
- 6‑unit apartment building with 4 two‑bedroom units, 1 studio, and 1 one‑bedroom
- Total current rents are $3,750/month ($45,000/year) with 2 vacant apartments being freshened for incoming tenants
- Projected income when fully rented: $5,550/month ($66,600/year)
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 | $49.7k | $15.60 |
| − Vacancy | −$2.5k | −$0.78 |
| EGI | $47.2k | $14.82 |
| − OpEx | −$21.2k | −$6.67 |
| NOI | $26.0k | $8.15 |
3,186 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$371.0K
$324.6K – $432.8K
NOI $25,969 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$878.2K
$768.5K – $1.02M
NOI $61,477 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building near downtown, colleges, and bus routes.
Where is this apartment building located?
The property is located at 66 Church Street Oneonta, NY.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 6‑unit apartment building with 4 two‑bedroom units, 1 studio, and 1 one‑bedroom; Total current rents are $3,750/month ($45,000/year) with 2 vacant apartments being freshened for incoming tenants; Projected income when fully rented: $5,550/month ($66,600/year)
