Duplex with Separate
1613 Newell Road, Endicott, NY 13760
For Sale
New
$270,000
MultiFamily, Apartment, ENDICOTT, NY
Property Size1,344 SF
Lot Size0.22 Acres
Price / SF$200.89
Days on Market2
Property Features for 1613 Newell Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Exterior features
Appliances
Lot features
Elementary school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Architectural style
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
(607) 722-0722
Listed By:
Erin C. Whited
(607) 727-5609
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 338810
Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,344-square-foot duplex contains two townhouse-style residences, each with three bedrooms and its own entrance. The property was built in 1988 on a 0.22-acre lot and is zoned 220- 2 family res. Vinyl construction and flooring, baseboard and hot-water heat, and ceiling fans are among the building features. Exterior details include a covered porch, insulated windows, storm doors, storm windows, landscaping, and a shed.
Each residence has a separate driveway. Public water serves the property, and listed appliances include a range/stove, refrigerator, and dryer.
Each residence has a separate driveway. Public water serves the property, and listed appliances include a range/stove, refrigerator, and dryer.
Key Highlights
- Two townhouse‑style residences, each with 3 bedrooms
- Individual entrances and separate driveways
- 1,344 square feet on a 0.22‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,009
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,180
$240.2K
Cap Rate 7%
$171,557
$171.6K
Cap Rate 9%
$133,433
$133.4K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$18.5K $13.80/SF
− Vacancy
−$1.4K −$1.04/SF
EGI
$17.2K $12.77/SF
− OpEx
−$5.1K −$3.83/SF
NOI
$12.0K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,180
Cap Rate 7%
$171,557
Cap Rate 9%
$133,433
Alternative Uses
Best Use
Multifamily LT 5
$171.6K
$150.1K – $200.2K
NOI $12,009 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$160.0K
$140.0K – $186.6K
NOI $11,197 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$333.4K
$291.8K – $389.0K
NOI $23,340 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
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Business Placement
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
$150,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Broome County, NY
Properties on Market for Duplexes in Broome County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences feature individual entryways and townhouse-style layouts.
Where is this duplex located?
The property is located at 1613 Newell Road Endicott, NY.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two townhouse‑style residences, each with 3 bedrooms; Individual entrances and separate driveways; 1,344 square feet on a 0.22‑acre lot
