1 Reynolds St, Alfred, NY 14802

Building Details

Year Built

1940

Listing office Hunt Real Estate ERA s***@huntrealestate.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

This three-unit apartment house is situated in a location convenient to both Alfred State and Alfred University campuses. The layout includes a four-bedroom apartment on the first floor, a two-bedroom apartment on the second floor, and another two-bedroom apartment on the third floor. The property is currently rented through the academic year. Rent is structured on a per-semester basis at $2500.00 per person, with a $100.00 discount offered for timely payments, resulting in an income based on 8 tenants paying $2400.00 each. The sellers require a closing date after January 1, 2026.

Suggested Use

Law Firm Spa & Massage Center Hair Salon Department Store Grocery & Convenience Store Daycare Center Food Market Grocery & Convenience Store Nursing Home Cosmetic Store

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

Location Insight

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• Local Demand

City

Alfred

County

Allegany

State

New York

Longitude

-77.7919

Latitude

42.2536

FAQs

What type of property is this?

Triplex - Three-unit apartment building near Alfred State and Alfred University campuses.

Where is this triplex located?

The property is located at 1 Reynolds St Alfred, 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: Income‑generating property currently rented through the academic year; Located near Alfred State and Alfred University campuses; Three units: one 4‑bedroom and two 2‑bedroom apartments