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Contemporary Seven-Bedroom Residence

181 State Highway 37B Massena, NY 13662

181 State Highway 37B, Massena, NY, 13662
$449,000
For Sale
Claim this Listing
$449,000

COMMERCIAL - Contemporary - Massena, NY

Property Size8,694 SF
Lot Size2.00 Acres
Price / SF$51.64
AddedJun 4, 2025
Days on Market407
Last RefreshJul 15 at 12:06 am

Property Features for 181 State Highway 37B

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Residential
Bedrooms
7
Bathrooms
6
Rooms
Bathroom 6, Bathroom 3, Bathroom 5, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 1, Bedroom 5, Bedroom 4, Family Room, Bedroom 6, Dining Room, Bedroom 3, Bathroom 2, Den, Bathroom 1
Parking features
Driveway, Garage - Detached, Garage
Interior features
Built-in features, Kitchen isle, Modern kitchen, Natural wood, Open floor plan, Pantry, Walk-in closet(s), Wall to wall closets
Exterior features
Outdoor lights
Fireplace
1
Standard status
Active
APN
9.064-1-15.111
Size
8,694 SF
Lot size
2.00 Acres

Taxes and HOA fees

Tax Annual Amount
8100

Utilities

Utilities
Cable Available
Water source
Public

Building Details

Year built
1950
Floors in Building
2
Flooring type
Tile - Ceramic, Wood floors, Tile, Hardwood
Building materials
Vinyl siding
Roof type
Metal
Architectural style
Contemporary

Listing agent Lucille Kassian License #40KA0346866

Listing office Kassian Real Estate, LLC 156 E Orvis Street, Massena, NY

Listing date Jun 4, 2025

MLS# 51383 Listing URL

Copyright © 2026 St. Lawrence Board of Realtors. 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 contemporary residence offers approximately 8,694 square feet of living space on a 2-acre lot. The layout includes 7 bedrooms, 4 full bathrooms, and 2 half bathrooms, with hardwood, tile, and some laminate flooring. The main floor features a primary bedroom and bath, a family room with a fireplace, and a large great room with dining and sitting areas. The kitchen is equipped with a 14-foot island, Kraft-Maid soft-close cabinets, quartz countertops, and a 10-burner natural gas stove, plus additional refrigeration and a commercial undercounter dishwasher with an 80-second cycle. Additional main-floor amenities include a sunroom with French doors, an oversized gym and laundry area, and walk-in closets. Upstairs adds a den and 6 more bedrooms, along with 3 remodeled bathrooms. Updates noted include windows, siding, doors, and a roof all within the last 5 years. The home is heated with natural gas and includes central air on the main floor, plus three mini-split units.

Located at 181 State Highway 37B in Massena, NY, the property sits on a substantial parcel along the state highway corridor.

For buyers seeking a larger, multi-bedroom home with dedicated recreation and entertainment areas—along with multiple updated heating and air systems—this property’s full-room configuration on the main and upper floors may fit well for extended household needs or live-in hosting space.

Key Highlights

  • Over 8,400 sq ft home on 2 acres with 7 bedrooms, 4 full bathrooms, and 2 half bathrooms
  • Kitchen features include a 14‑foot island, Kraft‑Maid soft‑close cabinets, quartz countertops, and a 10‑burner natural gas stove
  • Main‑floor primary bedroom with attached bath, plus a family room with fireplace

Local Financial Insights For Apartment 5plus

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 $94.9k $10.92
− Vacancy −$21.0k −$2.41
EGI $74.0k $8.51
− OpEx −$33.3k −$3.83
NOI $40.7k $4.68
8,694 SF · lease $10.92/SF/yr · vacancy 22.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$581.1K
$508.5K – $677.9K (±1% cap)
NOI $40,676 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $150,983 @ 7.0% cap · market cap 33.63%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Restaurant Building Supply Auto Parts Store Hair Salon Auto Repair Shop HVAC Service Spa & Massage Center Nail Salon Gym & Fitness Center Computer & Electronic Repair

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

FAQs

What type of property is this?
Single family property - A sizable contemporary home with multiple bedrooms and entertainment-focused living spaces, set on two acres.
Where is this single family property located?
The property is located at 181 State Highway 37B Massena, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Over 8,400 sq ft home on 2 acres with 7 bedrooms, 4 full bathrooms, and 2 half bathrooms; Kitchen features include a 14‑foot island, Kraft‑Maid soft‑close cabinets, quartz countertops, and a 10‑burner natural gas stove; Main‑floor primary bedroom with attached bath, plus a family room with fireplace
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