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10-Unit Apartment Building

1025 Park Avenue, Utica, NY 13501

For Sale
$799,000
Pending

Three-story residential property with a varied unit mix and a separate parking lot across the street.

Property Size9,144 SF
Days on Market9

Property Features for 1025 Park Avenue

General Information

Standard status Pending
Size 9,144 SF
Property subtype MultiFamily
Zoning Central Business District

Units

Unit Mix 7 x 1BR/1BA, 2 x 3BR/1.5BA, 1 x studio
Multifamily Units 10

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,503

Amenities

Full
CeramicTile,Hardwood,Tile,Varies,Vinyl
Yes
No
3
13
CoinOperated
Rectangular,RectangularLot,ResidentialLot
Connected,Public
0.2442
94X112
ThreeOrMoreSpaces,Driveway,NoGarage
BlacktopDriveway,SeeRemarks
CityStreet
9144.0
11

Building Details

Building Size 9,144 SF
Year Built 1950
Stories 3
Listing Agency: Coldwell Banker Prime Properties
Listed By: Merima Smajic · License NY #10301216989
Source: Mytowncny
Added: Nov 6 Changed: Nov 12 Last Checked: Nov 13 at 12:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties

Rey
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Investment Insights

Based on property information with market context.

This three-story apartment property contains 10 units: seven one-bedroom apartments, two three-bedroom apartments with 1.5 baths each, and one studio. Tenants pay their own utilities except cold water. The building dates to 1950 and is zoned Central Business District.

A separate parking lot at 102 South St is included across the street from the building. The property is close to downtown Utica and directly across from Artspace Loft Apartments.

Key Highlights

  • 10 apartments across three stories: seven one‑bedroom units, two three‑bedroom units, and one studio
  • Two three‑bedroom apartments each have 1.5 baths
  • Tenants pay their own utilities, except cold water

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,751
Businesses Nearby

Demographics for 13501, NY

40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Utica, NY

$50.84 Jul
$53.34 Aug
$44.17 Sep
$46.16 Oct

Properties on Market for Apartment buildings in Utica

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-story residential property with a varied unit mix and a separate parking lot across the street.
Where is this apartment building located?
The property is located at 1025 Park Avenue Utica, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 10 apartments across three stories: seven one‑bedroom units, two three‑bedroom units, and one studio; Two three‑bedroom apartments each have 1.5 baths; Tenants pay their own utilities, except cold water
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