2900 Gerry Ellington Rd Gerry, NY 14740

Building Details

Year Built

1960

Listing office h***@yahoo.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This multifamily property offers a 7.9% cap rate and immediate cash flow. The well-maintained asset provides stable income, making it an addition to any investor’s portfolio. The property features multiple units with strong occupancy and consistent rental history. Units are well-kept with functional layouts that appeal to long-term tenants. Located in a desirable rental corridor near major employers, transportation, shopping, and everyday amenities, this property benefits from steady tenant demand and long-term appreciation potential. The property is ideal for both seasoned investors and those looking to expand their multifamily holdings with a cash-flowing asset in a high-demand area.

Key Highlights

• Strong 7.9% Cap Rate
• Turnkey Property with Immediate Cash Flow
• Located in a Desirable Rental Corridor near Amenities and Major Employers

Property Analytics

Property Profile Location Intelligence

FAQs

What type of property is this?

Multifamily property - Turnkey multifamily property with a strong 7.9% cap rate.

Where is this multifamily property located?

The property is located at 2900 Gerry Ellington Rd Gerry, NY.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Strong 7.9% Cap Rate; Turnkey Property with Immediate Cash Flow; Located in a Desirable Rental Corridor near Amenities and Major Employers