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140 High Street, Watertown, NY, 13601
12-Unit Multifamily Investment Building

140 High Street Watertown, NY 13601

For Sale
Contact for pricing

Twelve-unit multifamily property with recent capital improvements for buyers seeking an income-producing rental asset.

Property Size10,800 SF
Price / SF$50.56
Days on Market60

Property Features for 140 High Street

General Information

Standard status
Active
Size
10,800 SF
Property subtype
Multifamily

Building Details

Year Built
1950
Listing Agency: Cushman & Wakefield Pyramid Brokerage Company Syracuse
Listed By: Jonathan Weinstein · License #NY
Source: Crexi
Added: May 29 Changed: Jul 10 Last Checked: Jul 26 at 12:25PM

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 Cushman & Wakefield Pyramid Brokerage Company Syracuse


Investment Insights

Based on property information with market context.

The offering at 140 High Street presents a 12-unit multifamily building. The property is described as having benefited from significant capital improvements in recent years, supporting a well-maintained asset. It is positioned as an investment opportunity with strong in-place occupancy and stable cash flow.

The property is located in the City of Watertown, near Downtown Watertown and the Fort Drum military corridor. The remarks also characterize the surrounding Northern New York market as consistently performing for multifamily, with sustained rental demand.

For investors, this configuration may be well-suited to a buyer looking for a maintained, income-generating multifamily asset with room for continued operational efficiencies and ongoing rental management. The ownership opportunity is presented as both value-add and practical for teams that can continue improving operations while maintaining the property’s strong current occupancy profile.

Key Highlights

  • 12‑unit multifamily investment property located at 140 High St in the City of Watertown
  • Year built: 1950
  • Recent significant capital improvements have been made to the property

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Carpet & Flooring Store Tech Support Center Grocery & Convenience Store Computer & Electronic Repair Florist (Bike/Boat/Book/etc) Store HVAC Service Cafe & Coffee Shop Garden Center Home Appliance Store

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

FAQs

What type of property is this?
Apartment building - Twelve-unit multifamily property with recent capital improvements for buyers seeking an income-producing rental asset.
Where is this apartment building located?
The property is located at 140 High Street Watertown, NY.
What is the asking price?
The asking price for this property is $546,000.
What are key features of this property?
This property features: 12‑unit multifamily investment property located at 140 High St in the City of Watertown; Year built: 1950; Recent significant capital improvements have been made to the property
More about this property
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