Add Listing
    For Sale
    • 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

    12 Crown St Jamestown, NY 14701

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $89,000

    Two-family property with tenant-paid utilities and off-street parking.

    Type:Multi Family
    Lot size:
    0.14 Acres
    Added:
    Mar 24, 2026
    Days on Market:
    9
    Last Refresh:
    Mar 19 at 9:18 am

    Property Features for 12 Crown St

    General Information

    Standard status
    Active
    Lot size
    0.14 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1895

    We can help!

    Listing Contact
    Taylor Bennett
    Taylor Bennett

    Listing agent Taylor Bennett License #10401246823

    Listing office Keller Williams Realty Lancaster

    Listing date Mar 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Lancaster

    Overview

    Jamestown Two-Family Residential Property

    This large two-family residential property is located on the Southside of Jamestown. The property features off-street parking. All utilities are paid by the tenants, contributing to a strong return on investment.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Chautauqua
    State
    New York
    Longitude
    -79.2437082
    Latitude
    42.0855168

    Nearby Similar for Sale

    • $475,500
      7,920 SF

      Jamestown Commercial Space For Sale

      Prime downtown Jamestown commercial space with redevelopment potential.
      304 - 310 W 3rd Street, Jamestown, NY 14701
      View Details
    • $380,000
      7,260 SF

      Commercial Property with Parking Income

      Well-maintained commercial building with parking income and versatile layout.
      309 Prendergast Avenue, Jamestown, NY 14701
      View Details
    • $1,725,000
      4,071 SF

      Jamestown Multifamily Investment Portfolio

      Turnkey investment portfolio featuring 44 units in Jamestown, NY.
      28 Hall Avenue, Jamestown, NY 14701
      View Details
    • $659,900
      18,685 SF

      Jamestown Manufacturing & Warehouse Facility

      Versatile industrial property with manufacturing, warehouse, and office space.
      19.5 Blackstone Avenue, Jamestown, NY 14701
      View Details
    • $450,000
      187,300 SF

      Versatile Mixed-Use Investment Opportunity

      4+ acre property with commercial and residential income potential.
      878 - 884 - 888 - 890 Busti Sugar Grove Road, Jamestown, NY 14701
      View Details
    • $199,000
      6,824 SF

      Versatile Commercial Building in Jamestown

      Spacious commercial building with shop area, offices, and expansion potential.
      289 Steele Street, Jamestown, NY 14701
      View Details
    • $82,500
      1,688 SF

      Well-Maintained Jamestown Multi-Family Unit

      Two-unit property with potential for single-family conversion.
      11 Prather Avenue, Jamestown, NY 14701
      View Details
    • $135,000
      3,205 SF

      Income-Producing Four-Unit Multifamily Property

      Turnkey Jamestown multifamily property with steady rental income.
      341 Willard Street, Jamestown, NY 14701
      View Details
    • $75,000
      1,996 SF

      Income Producing Two-Unit Property

      Two-unit income property near downtown Jamestown. Tenants pay utilities.
      7 Pullman Street, Jamestown, NY 14701
      View Details
    • $59,900
      2,136 SF

      Jamestown Multi-Family Dwelling For Sale

      Two-unit multi-family property near park and schools in Jamestown, NY.
      37 Sturges Street, Jamestown, NY 14701
      View Details
    • $129,900
      2,120 SF

      Jamestown Two-Family Home For Sale

      Charming two-family home in a desirable West Side neighborhood.
      12 Kenmore Avenue, Jamestown, NY 14701
      View Details
    • $139,900
      2,683 SF

      Jamestown Turnkey Two-Family Home

      Two-family home in Jamestown, ideal for investors or owner-occupiers.
      2 Butler Street, Jamestown, NY 14701
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-family property with tenant-paid utilities and off-street parking.
    Where is this duplex located?
    The property is located at 12 Crown St Jamestown, NY.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: Strong ROI; All utilities paid by tenants; Large 2 family
    (716) 450-7235
    We can help!
    Listing Contact
    Taylor Bennett
    Taylor Bennett
    Real Estate License ID: 10401246823
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!