Utica Multifamily Property for
For Sale
$249,000
Pending
1303 Bleecker St, Utica, NY 13501
Multifamily property in Utica, NY with high walkability score.
Property Size2,697 SF
Days on Market163
Property Features for 1303 Bleecker St
General Information
Standard status
Pending
Size
2,697 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,428
Building Details
Building Size
2,697 SF
Year Built
1880
Stories
2
Units
3
Listing Agency:
Assist2Sell Buyers & Sellers 1st Choice
Listed By:
Alen Zekic · License #10401267029
(315) 570-0148
Source:
Elliman
Added: May 9
Changed: Oct 7
Last Checked: Oct 16 at 11:01AM
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 Assist2Sell Buyers & Sellers 1st Choice
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Investment Insights
Based on property information with market context.
This multifamily property is located in Utica, NY. The property has a walk score of 78, indicating it is very walkable, and a bike score of 65, indicating it is bikeable.
Key Highlights
- Very Walkable location with a Walk Score of 78
- Bikeable area, boasting a Bike Score of 65
- Built in 1880, this property offers historic charm
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,451
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,020
$449.0K
Cap Rate 7%
$320,729
$320.7K
Cap Rate 9%
$249,456
$249.5K
Market Conditions
NOI Build-Up for 2,697 SF
Gross rent
$43.7K $16.20/SF
− Vacancy
−$2.9K −$1.06/SF
EGI
$40.8K $15.14/SF
− OpEx
−$18.4K −$6.81/SF
NOI
$22.5K $8.32/SF
Area
Oneida County, NY
Vacancy
6.57%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,020
Cap Rate 7%
$320,729
Cap Rate 9%
$249,456
Alternative Uses
Best Use
Apartment 5plus
$320.7K
$280.6K – $374.2K
NOI $22,451 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$710.7K
$621.9K – $829.2K
NOI $49,750 @ 7.0% cap · market cap 19.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property in Utica, NY with high walkability score.
Where is this multifamily property located?
The property is located at 1303 Bleecker St Utica, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Very Walkable location with a Walk Score of 78; Bikeable area, boasting a Bike Score of 65; Built in 1880, this property offers historic charm
