Two-Family Home with Off-Street
116 Harry L Drive Johnson City, NY 13790
For Sale
$259,900
COMMERCIAL - Johnson City, NY
Property Size2,464 SF
Price / SF$105.48
Days on Market8
Property Features for 116 Harry L Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,464 SF
Building Details
- Year built
- 1900
Listing Agency:
NextHome Kingdom
(844) 645-4647
Listed By:
Robin Ortega · License #10401359978,PersonLicenseNumber
(607) 725-0508
Added: Jul 16
Changed: Jul 23
Last Checked: Jul 23 at 2:06PM
MLS# 336939
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family home is currently configured as a duplex and sits on an oversized lot of more than a quarter acre. The property offers ample off-street parking for up to 12 vehicles. A walk-up attic provides additional storage space and is currently divided into two separate storage areas with a temporary partition.
Recent updates include newer furnaces, separate central air conditioning systems for each floor, new hot water heaters, and new stoves in both units, with the top-floor stove noted as being about three years old.
The property is positioned in the heart of the Village of Johnson City and is presented in clean, updated condition for continued residential use.
Recent updates include newer furnaces, separate central air conditioning systems for each floor, new hot water heaters, and new stoves in both units, with the top-floor stove noted as being about three years old.
The property is positioned in the heart of the Village of Johnson City and is presented in clean, updated condition for continued residential use.
Key Highlights
- Oversized lot over a quarter acre in the heart of the Village of Johnson City
- Two‑family home currently configured and used as a well‑maintained duplex
- Off‑street parking for up to 12 vehicles
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.0k | $13.80 |
| − Vacancy | −$2.6k | −$1.04 |
| EGI | $31.5k | $12.77 |
| − OpEx | −$9.4k | −$3.83 |
| NOI | $22.0k | $8.94 |
2,464 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.5K
$275.2K – $367.0K
NOI $22,017 @ 7.0% cap · market cap 8.47%
Second Best
Apartment 5plus
$293.2K
$256.6K – $342.1K
NOI $20,527 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$611.3K
$534.9K – $713.2K
NOI $42,791 @ 7.0% cap · market cap 16.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Miller Cindy CPA
Tax Preparation
Miller Financial Services
Financial Advisor
FAQs
What type of property is this?
Duplex - Well-maintained two-family residence on an oversized lot with parking for up to 12 vehicles and a walk-up attic for storage.
Where is this duplex located?
The property is located at 116 Harry L Drive Johnson City, NY.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Oversized lot over a quarter acre in the heart of the Village of Johnson City; Two‑family home currently configured and used as a well‑maintained duplex; Off‑street parking for up to 12 vehicles
