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16-Unit Apartment Property with Garages
For Sale
$2,100,000

13 Eagle Drive, Painted Post, NY 14870

Two-building residential asset with renovated interiors, central air-conditioning, and attached garages across the apartment units.

Property SizeContact for details
Days on Market109

Property Features for 13 Eagle Drive

General Information

Standard status Active
Property subtype Multi-Unit

Units

Unit Mix 16 x 2BR/2BA
Multifamily Units 16

Additional Details

Cap Rate 7.75%

Amenities

Central air-conditioning
Washer/Dryers in most units
24-Hr Surveillance

Building Details

Buildings 2
Listing Agency: Corning/Elmira Office
Listed By: Ronald N. Panosian · License #10301203376
Source: Pyramidbrokerage
Added: May 14 Changed: Aug 29 Last Checked: Aug 30 at 12:57PM

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 Corning/Elmira Office

Investment Insights

Based on property information with market context.

This multifamily property comprises 16 two-bedroom, two-bath apartments arranged across two buildings, with an attached garage for each unit. The improvements include new roofs and exterior finishes. Most apartments have received renovations including granite kitchens, stainless steel appliances, refreshed bathrooms, new flooring, and updated paint. Central air-conditioning is provided throughout, and washer/dryer equipment is present in most units.

Common areas and exterior spaces are monitored by 24-hour surveillance. The property is located at 13 Eagle Drive in Painted Post, NY. The apartments may also be eligible for conversion and individual condominium sales through creation of an HOA, subject to applicable requirements. The reported 7.75% cap rate provides an additional operating metric for review.

Key Highlights

  • 16 two‑bedroom, two‑bath apartments across two buildings
  • Attached garages serving the apartment units
  • New roofs and exterior finishes

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Building Supply Hair Salon HVAC Service Electrical Service

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 14870, NY

9,648
Population
4,691
Households
2.1
Avg Household Size
44
Median Age
41%
College-Educated
93%
High-School Grad
64.5 sq mi
ZIP Area
150
Density / Sq Mi
$88,514
Median Household Income
$58,864
Median Earnings
$1,128
Median Rent
$164,000
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 - Two-building residential asset with renovated interiors, central air-conditioning, and attached garages across the apartment units.
Where is this apartment building located?
The property is located at 13 Eagle Drive Painted Post, NY.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 16 two‑bedroom, two‑bath apartments across two buildings; Attached garages serving the apartment units; New roofs and exterior finishes
More about this property
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