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    FOR LEASE
    Community centers

    19 Madison Ave, Endicott, NY 13760

    14,764 SF 0.16 ac lot Built 1965
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US63-0474068
    Property summary
    AI-generated overview

    This exceptional retail property in Endicott, NY, offers a unique opportunity for a variety of businesses. Located at 19 Madison Ave, near Washington Ave, this property boasts a highly desirable Walk Score of 85, placing it within easy reach of numerous thriving businesses and a vibrant community. The building comprises approximately 8,030 square feet of adaptable space, formerly used as movie theaters. Individual theaters are available for lease, ranging in size from 1,035 square feet (Theater 5) to 1,606 square feet (Theater 4), or the entire space can be leased. Additional square footage is available in common areas when leasing the entire property. Specific theater sizes include: Theater 1 (1,365 sq ft), Theater 2 (1,300 sq ft + 1,654 sq ft additional room), Theater 3 (1,485 sq ft), and Theater 4 (1,606 sq ft). There are also several party rooms available, ranging from 805 to 943 square feet. The building features convenient amenities including bathrooms on each floor, a fully operational elevator, and ample potential for customization to suit individual business needs. Public restrooms are available with each space. First floor, second floor, and basement space are all available for lease. The lease rate is $12 per square foot, and flexible leasing terms are available. This property presents a rare opportunity to secure a prime retail location in a thriving area.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1965
    Total area 14,764 SF
    Lot 0.16 ac (6,850 SF)
    Zoning code CBD
    APN 034601 157.06-7-12
    UPID US63-0474068
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    1st New American LLC · 2 yrs held
    1st New American LLC
    since 2023
    Last sale
    $210,000
    1 recorded transaction
    2023
    $210,000
    Zoning & alternative use
    CBD · Endicott, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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