Duplex With Covered
New
For Sale
$275,000
1109 Broad Street, Endicott, NY 13760
Separate gas and electric service supports tenant-paid utilities.
Property Size2,141 SF
Price / SF$128.44
Days on Market6
Property Features for 1109 Broad Street
General Information
Standard status
Active
Size
2,141 SF
Property subtype
Residential Income
Zoning
Multi, Multi
Additional Details
Gross Income
$16,200
Utilities to Site
Yes
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,356
Amenities
covered front porch
Landscaping
Porch
Building Details
Building Size
2,141 SF
Year Built
1890
Units
2
Listing Agency:
eXp REALTY
Listed By:
Syed A Almamun · License #10401359574
(929) 234-0026
Source:
Gehlcorealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:37PM
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 eXp REALTY
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Investment Insights
Based on property information with market context.
Built in 1890, this 2,141-square-foot duplex has two residential units. Interior features include hardwood flooring, original woodwork, bright living spaces, and a covered front porch. The building has separate gas and electric service, with tenants responsible for those utilities.
The property is in Endicott, minutes from downtown and near shopping, restaurants, schools, and parks.
The property is in Endicott, minutes from downtown and near shopping, restaurants, schools, and parks.
Key Highlights
- Two‑unit duplex with 2,141 square feet
- Built in 1890
- Separate gas and electric service; tenants pay their own utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,131
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,620
$382.6K
Cap Rate 7%
$273,300
$273.3K
Cap Rate 9%
$212,567
$212.6K
Market Conditions
NOI Build-Up for 2,141 SF
Gross rent
$29.5K $13.80/SF
− Vacancy
−$2.2K −$1.04/SF
EGI
$27.3K $12.77/SF
− OpEx
−$8.2K −$3.83/SF
NOI
$19.1K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,620
Cap Rate 7%
$273,300
Cap Rate 9%
$212,567
Alternative Uses
Best Use
Multifamily LT 5
$273.3K
$239.1K – $318.9K
NOI $19,131 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$254.8K
$223.0K – $297.3K
NOI $17,836 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$531.2K
$464.8K – $619.7K
NOI $37,181 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
Explore this area
Business Placement
Demographics for 13760, NY
44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electric service supports tenant-paid utilities.
Where is this duplex located?
The property is located at 1109 Broad Street Endicott, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,141 square feet; Built in 1890; Separate gas and electric service; tenants pay their own utilities
