Listing Agency: North Star Real Estate & Property Management Show Phone

Listed By: Vanessa Franco

Source: Nicholcityrealty

Added: Mar 12 Changed: Sep 24 Last Checked: Oct 7 at 12:14PM

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Investment Insights

Based on property information with market context.

Located in the village of Croghan, NY, this multifamily residence, constructed in 1912, features five units and expansion potential. The property includes one 3-bedroom apartment, one 2-bedroom apartment, and three 1-bedroom apartments. Two of the 1-bedroom units are currently operated as short-term rentals. All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards. The common area has been renovated with new floors and coin-operated laundry. An unfinished third floor offers space for up to four additional 1-bedroom units, presenting a development opportunity.

Key Highlights

• Five updated units provide immediate income, including two operating as short‑term rentals.
• Unfinished 3rd floor offers potential to add up to four additional 1‑bedroom units.
• All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards.

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service Building Supply Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80

Businesses Nearby

Explore this area Business Placement

Demographics for 13327, NY

2,234

Population

1,224

Households

1.8

Avg Household Size

42

Median Age

22%

College-Educated

92%

High-School Grad

140.1 sq mi

ZIP Area

16

Density / Sq Mi

$61,250

Median Household Income

$47,177

Median Earnings

$793

Median Rent

$158,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit property in Croghan, NY with expansion potential.

Where is this apartment building located?

The property is located at 9768 State Route 812 Croghan, NY.

What is the asking price?

The asking price for this property is $279,900.

What are key features of this property?

This property features: Five updated units provide immediate income, including two operating as short‑term rentals.; Unfinished 3rd floor offers potential to add up to four additional 1‑bedroom units.; All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards.