310 Main St Endicott, NY 13760
- Commercial real estate
- 7,072 SF
- 0.27 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 310 Main St
- Year built
- 1970
- Lot size
- 0.27 lot acres
- Property size
- 7,072 SF
- Property type
- Commercial real estate
Description
This exceptional 14-unit apartment building, located at 310 E Main St, Endicott, NY 13760, presents a compelling investment opportunity. Boasting a total of 7,072 square feet on a 0.27-acre lot, this property offers 100% occupancy and a strong net operating income (NOI) of $81,604, translating to a 10.20% capitalization rate. Each of the 14 one-bedroom units is priced at $57,143, contributing to the overall asking price of $799,999 ($113 per square foot). Constructed in 1970, the building benefits from ample off-street parking, a significant advantage in this thriving market. Situated on Main Street, this property enjoys exceptional visibility and accessibility, with a daily traffic count exceeding 25,000 vehicles. Its strategic location provides easy access to major roadways including Route 17C, NYS Route 26, and I-86. The property is in a rapidly developing area, benefiting from the growth spurred by new battery and solar manufacturers, adding to its long-term investment potential. Please note: This property must be purchased as a package with 1104 Monroe Ave. The building is located within a municipal electric zone.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Endicott
- County
- Broome
- State
- New York
- Longitude
- -76.0612011
- Latitude
- 42.0946415
