Mixed-Use
104 Main Street, Hornell, NY 14843
For Sale
New
Contact for pricing
The property contains 6,504 square feet in a building constructed in 1860.
Property Size6,504 SF
Days on Market3
Property Features for 104 Main Street
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Schultz Realty
Listed By:
Benjamin Schultz
(716) 553-8936
Source:
Cnynicheteam
Added: Nov 10
Last Checked: Nov 12 at 5:09AM
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 Schultz Realty
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Investment Insights
Based on property information with market context.
The mixed-use property at 104 Main Street in Hornell, New York, comprises 6,504 square feet. The building dates to 1860.
Key Highlights
- 6,504‑square‑foot mixed‑use building
- Building constructed in 1860
- Located at 104 Main Street in Hornell, New York
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,951
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,020
$1.2M
Cap Rate 7%
$827,871
$827.9K
Cap Rate 9%
$643,900
$643.9K
Market Conditions
NOI Build-Up for 6,504 SF
Gross rent
$105.4K $16.20/SF
− Vacancy
−$12.6K −$1.94/SF
EGI
$92.7K $14.26/SF
− OpEx
−$34.8K −$5.35/SF
NOI
$58.0K $8.91/SF
Area
Steuben County, NY
Vacancy
12.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,159,020
Cap Rate 7%
$827,871
Cap Rate 9%
$643,900
Alternative Uses
Best Use
Mixed Use
$827.9K
$724.4K – $965.9K
NOI $57,951 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $110,990 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 14843, NY
12,637
Population
6,353
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
132
Density / Sq Mi
$56,004
Median Household Income
$36,286
Median Earnings
$766
Median Rent
$104,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property contains 6,504 square feet in a building constructed in 1860.
Where is this mixed-use property located?
The property is located at 104 Main Street Hornell, NY.
What are key features of this property?
This property features: 6,504‑square‑foot mixed‑use building; Building constructed in 1860; Located at 104 Main Street in Hornell, New York
