Duplex with Off-Street
For Sale
$189,000
179 Sly Avenue, Corning, NY 14830
MULTI_FAMILY - Other - Corning, NY
Property Size2,111 SF
Lot Size0.08 Acres
Price / SF$89.53
Days on Market356
Property Features for 179 Sly Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential 2 Unit
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3
Interior features
CeilingFans
Exterior features
Fence
Fencing
Fenced
Appliances
ElectricWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Corning-Painted Post
Middle school district
Corning-Painted Post
High school district
Corning-Painted Post
Directions
Turn onto Sly Ave. from Pulteney St/NY-415, house is on the right. Sign is in the front. Off street parking available.
Subdivision
Corning-City-460300
Standard status
Active
APN
460300-299-020-0001-083-000
Size
2,111 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
5239
Utilities
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1895
Floors in Building
2
Number of units
2
Flooring type
Carpet, Laminate, Tile, Varies, Hardwood
Building materials
VinylSiding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Howard Hanna Corning
(607) 936-4663
Listed By:
Vanessa Scott · License #10401375502
(607) 765-0807
Added: Aug 13, 2025
Changed: Jul 31
Last Checked: Aug 3 at 11:06PM
MLS# R1630288
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.
Duplex at 179 Sly Avenue in Corning, NY offering a total of 2,111 square feet. Built in 1895, the property includes ceiling fans and electric heat with baseboard heating. Interior finishes include carpet, laminate, tile, and hardwood, with vinyl siding and a shingle roof on the exterior.
The home includes a fenced exterior and an off-street parking setup accessed via a brick driveway. Utilities include public water, and an electric water heater is on site.
The layout features multiple bedrooms and two bathrooms, with a basement included as part of the lower-level space.
The home includes a fenced exterior and an off-street parking setup accessed via a brick driveway. Utilities include public water, and an electric water heater is on site.
The layout features multiple bedrooms and two bathrooms, with a basement included as part of the lower-level space.
Key Highlights
- 2,111 square feet duplex at 179 Sly Avenue, Corning, NY
- 0.0848‑acre lot with off‑street parking via private brick driveway
- Fenced exterior
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.5k | $10.20 |
| − Vacancy | −$1.1k | −$0.53 |
| EGI | $20.4k | $9.67 |
| − OpEx | −$6.1k | −$2.90 |
| NOI | $14.3k | $6.77 |
2,111 SF · lease $10.20/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$204.1K
$178.6K – $238.1K
NOI $14,286 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.4K
NOI $13,166 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$514.6K
$450.3K – $600.4K
NOI $36,024 @ 7.0% cap · market cap 19.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 14830, NY
18,949
Population
9,324
Households
2
Avg Household Size
40
Median Age
41%
College-Educated
96%
High-School Grad
90.6 sq mi
ZIP Area
209
Density / Sq Mi
$73,831
Median Household Income
$48,331
Median Earnings
$997
Median Rent
$168,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a 0.0848-acre lot with off-street parking and fenced exterior in Corning, NY.
Where is this duplex located?
The property is located at 179 Sly Avenue Corning, NY.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 2,111 square feet duplex at 179 Sly Avenue, Corning, NY; 0.0848‑acre lot with off‑street parking via private brick driveway; Fenced exterior
