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Four-Unit Brick Apartment Building
For Sale
$249,000
Pending

1303 Bleecker Street, Utica, NY 13501

Residential, Utica, NY

Property Size2,697 SF
Days on Market158

Property Features for 1303 Bleecker Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 9, Basement, Bedroom 6
Interior features Attic
Exterior features FullyFenced
Fencing Fenced
Appliances GasWaterHeater
Lot features Flag Lot, Near Public Transit
Elementary school district Utica
Middle school district Utica
High school district Utica
Subdivision Utica-City-301600
Standard status Pending
APN 319.63-2-19
Size 2,697 SF

Taxes and HOA fees

Tax Annual Amount 3428

Utilities

Heating system Forced Air, Electric (Heating), Natural Gas
Water source Public

Amenities

backyard
off-street parking

Building Details

Year built 1880
Floors in Building 2
Number of units 3
Flooring type Varies, Hardwood, Laminate, Tile
Building materials Brick, CopperPlumbing, PexPlumbing
Roof type Asphalt
Architectural style Other
Listing Agency: Assist2Sell Buyers & Sellers 1st Choice · Assist-2-Sell
Listed By: Alen Zekic · License #10401267029
Added: May 8 Changed: Sep 29 Last Checked: Oct 12 at 3:06PM
MLS# S1680171

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,697-square-foot brick apartment property contains four residential units: two three-bedroom apartments, one two-bedroom apartment, and one studio. The building dates to 1880 and includes an attic and basement, with flooring that varies among hardwood, tile, and laminate. Heating is provided through natural gas, forced air, and electric systems. A gas water heater, asphalt roof, copper and PEX plumbing, and public water service are also present.

Located at 1303 Bleecker Street in Utica, the property is fully rented and occupied. Exterior features include a fenced backyard and off-street parking, providing practical amenities for the existing residential configuration.

Key Highlights

  • Four units: two 3‑bedroom apartments, one 2‑bedroom apartment, and one studio
  • 2,697 square feet of building area
  • Fully rented and occupied

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
Multifamily LT 5
$349.0K
$305.3K – $407.1K (±1% cap)
NOI $24,427 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$320.7K
$280.6K – $374.2K (±1% cap)
NOI $22,451 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$710.7K
$621.9K – $829.2K (±1% cap)
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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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Plumbing Service Gym & Fitness Center Storage Facility

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

479
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Fully occupied apartment property with varied unit sizes, fenced outdoor space, and off-street parking.
Where is this quadplex located?
The property is located at 1303 Bleecker Street 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: Four units: two 3‑bedroom apartments, one 2‑bedroom apartment, and one studio; 2,697 square feet of building area; Fully rented and occupied
More about this property
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