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Six-Unit Multifamily Investment
For Sale
$287,500

1408 E Main St, Endicott, NY 13760

Six-unit apartment building with one-, two-, and three-bedroom units and separately metered electric service.

Property Size8,264 SF
Days on Market99

Property Features for 1408 E Main St

General Information

Standard status Active
Size 8,264 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 6

Building Details

Building Size 8,264 SF
Year Built 1970
Units 6
Listing Agency: SVN | Innovative Commercial Advisors
Listed By: Scott Warren, CCIM · License #10301220936
Source: Commercialcafe
Added: May 14 Changed: Aug 17 Last Checked: Aug 18 at 7:24AM

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 SVN | Innovative Commercial Advisors

Investment Insights

Based on property information with market context.

This six-unit multifamily property offers a unit mix of one-, two-, and three-bedroom apartments. Each unit has separately metered electric service and is equipped with electric baseboard heating and an individual hot water heater. The current utility structure is designed for clear tenant responsibility on electricity, while the landlord covers gas, water, sewer, and garbage.

The building is located along East Main Street in Endicott, a well-traveled commercial corridor with connectivity throughout the village and nearby communities. The property provides immediate access to Route 26 and is supported by public transportation available along Main Street.

Units are already in place, and the operating profile is described as manageable, supported by the straightforward utility setup and diversified apartment sizes intended to broaden tenant appeal.

Key Highlights

  • 6‑unit multifamily building on East Main Street in Endicott, NY, built in 1970
  • Unit mix includes one-, two-, and three‑bedroom apartments for broader tenant appeal
  • Separately metered electric for each unit; electric baseboard heating and individual hot water heaters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Furniture & Home Goods Storage Facility Daycare Center (Bike/Boat/Book/etc) Store

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby

Demographics for 13760, NY

44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with one-, two-, and three-bedroom units and separately metered electric service.
Where is this apartment building located?
The property is located at 1408 E Main St Endicott, NY.
What is the asking price?
The asking price for this property is $287,500.
What are key features of this property?
This property features: 6‑unit multifamily building on East Main Street in Endicott, NY, built in 1970; Unit mix includes one-, two-, and three‑bedroom apartments for broader tenant appeal; Separately metered electric for each unit; electric baseboard heating and individual hot water heaters
More about this property
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