Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19 Madison Ave Endicott, NY 13760

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,600 /Mo ($0.96 SF/Yr)

    Versatile retail space in Endicott, NY, with flexible leasing.

    Property size:
    20,000 SF
    Lot size:
    20,000 SF

    Property Features for 19 Madison Ave

    General Information

    Size
    20,000 SF

    Building Details

    Year built
    1965

    We can help!

    Listing Contact
    Coty Lunn
    Coty Lunn
    Source: Svn

    Listing Agency: SVN | Innovative Commercial Advisors Listing Agent: Coty Lunn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Endicott Retail Space For Rent

    Located near Washington Ave in Endicott, NY, this property offers approximately 8,030 sq ft of versatile space in the former movie theaters, with additional space available in the common areas. The property is situated in the heart of Endicott, NY, surrounded by multiple thriving businesses and boasts an excellent Walk Score of 85. Leasing is flexible, allowing tenants to lease one theater individually or the entire space, with a lease rate of $12/sq ft. The building features bathrooms on each floor and a fully functioning elevator. Public bathrooms are available with each space. The property offers ample potential for customization, making it ideal for a variety of uses. Measurements in sq ft: Theater 1: 1365, Theater 2: 1300 with additional room 1654, Theater 3: 1485, Theater 4: 1606, Theater 5: 1035, Party Room 3: 943, Party Room 4: 805, Party Room 5: 850. If taking the full space, common areas add to Sq Ft available. First floor, second floor and basement availabilities as well. The surrounding area offers a vibrant and welcoming atmosphere for retail tenants. Esteemed local attractions such as the George W. Johnson Park and the Endicott Performing Arts Center provide a steady stream of foot traffic, drawing in both locals and visitors. The area is also surrounded by a diverse selection of restaurants, boutiques, and entertainment options, creating a bustling hub of activity. The property features a prime street-level location, high foot traffic, a modern storefront with large display windows, an open layout for versatile retail use, ample parking options, proximity to public transportation, a newly renovated interior, and a high visibility signage opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.0490949
    Latitude
    42.1032649

    Nearby Similar for Lease

    • $14,400 /Mo

      Endicott Retail Space for Lease

      1,800 SF retail space in Endicott's Little Italy.
      1007 Pine St, Endicott, NY 13760
      View Details
    • $3,500 /Mo

      Endicott Warehouse with Office Space

      4,720 SF warehouse with office, centrally located.
      33 N Brookside Ave, Endicott, NY 13760
      View Details
    • $750 /Mo

      Prime Retail Space For Rent

      Retail space near Huron Campus, BAE Systems, Price Chopper Plaza.
      1312 Monroe St, Endicott, NY 13760
      View Details
    • $600 /Mo

      Endicott Retail/Office Space For Lease

      Premium retail and office space in Endicott's thriving community.
      55-57 Washington Ave, Endicott, NY 13760
      View Details
    • $8 SF/Yr

      Endicott Commercial Spaces For Lease

      Flexible commercial spaces in revitalizing downtown Endicott, suitable for diverse businesses.
      124 Washington Ave, Endicott, NY 13760
      View Details
    • $14 SF/Yr

      Class A Medical Office Space

      5,513 SF of upgraded medical office space for lease.
      333 Hooper Rd, Endwell, NY 13760
      View Details
    • Contact for pricing
      37,792 SF

      Endicott Mixed-Use Warehouse and Office

      Versatile warehouse and renovated office space in Endicott, NY.
      2507 Wayne St, Endicott, NY 13760
      View Details
    • $8 SF/Yr
      5,400 SF

      Endicott Office Space For Rent

      Office space available in Endicott, New York for lease.
      26 Washington Ave, Endicott, NY 13760
      View Details
    • $600 /Mo
      1,750 SF

      Endicott Retail/Office Space Available

      Prime retail or office space in Endicott, NY for lease.
      55 Washington Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      58,726 SF

      Pharmaceutical/Chemical Manufacturing Opportunity

      Manufacturing and laboratory spaces in a park-like setting.
      1093 Clark St, Endicott, NY 13760
      View Details
    • $8 SF/Yr
      34,344 SF

      Endwell Creative Office Opportunity

      Prime Endwell location, daycare conversion potential.
      2801 Main St, Endwell, NY 13760
      View Details
    • Contact for pricing
      90,043 SF

      Prime Broome County Warehouse Space

      Large warehouse, multiple units available, flexible space.
      1901 Clark St, Endicott, NY 13760
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile retail space in Endicott, NY, with flexible leasing.
    Where is this retail space located?
    The property is located at 19 Madison Ave Endicott, NY.
    What is the lease rate?
    The lease rate is $0.96 SF/Yr.
    What are key features of this property?
    This property features: - Flexible leasing options: Lease individual theaters or the entire 8,030 sq ft space.; - Prime location near Washington Ave in Endicott, NY, with high foot traffic and proximity to local attractions.; - Excellent Walk Score of 85, indicating convenient access to nearby amenities and services.
    (607) 481-5660
    Request Owner's contact information
    19 Madison Ave Endicott, NY 13760
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19 Madison Ave
    Endicott, NY 13760
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Madison Ave Endicott, NY 13760
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Coty Lunn
    Coty Lunn
    (607) 481-5660 (607) 203-1826
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!