Spacious Massena Home on Two
181 State Highway 37B, Massena, NY 13662
COMMERCIAL - Contemporary - Massena, NY
Property size:
8,694 SFLot size:
2.00 AcresPrice / SF:
$55/SF- Added:
- Jun 4, 2025
- Days on Market:
- 361
- Last Refresh:
- May 30 at 12:06 pm
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, Bedroom 6, Bathroom 1, Family Room, Bathroom 2, Bedroom 7, Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Bathroom 5, Bathroom 3, Den, Bathroom 4, Bedroom 5, Bedroom 4
- Parking features
- Driveway, Garage, Garage - Detached
- 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, Tile, Wood floors, Hardwood
- Building materials
- Vinyl siding
- Roof type
- Metal
- Architectural style
- Contemporary
Listing agent Lucille Kassian License #40KA0346866 (315) 250-2383
Listing office Kassian Real Estate, LLC 156 E Orvis Street, Massena, NY (315) 769-0025
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.
HighLights
- 8400+ sq ft of living space on 2 acres.
- Gourmet kitchen featuring a 14 ft island, Kraft‑Maid cabinets, Quartz countertops, 10‑burner gas stove, and commercial‑grade appliances including an undercounter dishwasher.
- Home theater with a 6.5 ft x 11 ft screen, smart projector, and tiered seating for 9.
- 7 bedrooms, 4 full and 2 half bathrooms.
- Updated windows, siding, doors, and roof within the last 5 years.
- Multiple zones of air conditioning: central AC on main floor (new unit) plus three mini‑split units.
Overview
This residential property in Massena, NY, features over 8,400 square feet of living space on a 2-acre lot. The home includes 7 bedrooms, 4 full bathrooms, and 2 half bathrooms. The gourmet kitchen is equipped with a 14-foot island, Kraft-Maid soft-close cabinets, quartz countertops, a 10-burner natural gas stove, a refrigerator, an industrial fridge and freezer, and a commercial under-counter dishwasher with an 80-second cycle. Adjacent to the kitchen is a coffee bar and snack area overlooking a large great room with dining and sitting space. The first floor also contains the primary bedroom and bathroom, 2 half baths, a family room with a fireplace, a recreational area with a pool table, and a theater room with a 6.5-foot by 11-foot wall-mounted screen, a smart projector, and tiered reclining seating for 9 viewers. The sunroom, accessible from the pool table area, features French doors and natural lighting. An oversized gym and laundry area complete the main floor, along with walk-in closets in the bedroom and mud room. The upstairs includes an additional den, 6 bedrooms, and 3 remodeled bathrooms. Flooring consists of hardwood, tile, and some laminate. Heating is natural gas, and the main floor has central air conditioning, with a new large central air unit, along with three new mini-split units, two in the kitchen and one in the gym. Windows, siding, doors, and the roof have all been updated within the last 5 years.
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
NOI $40,676 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $150,983 @ 7.0% cap · market cap 31.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Massena
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.922081
- Latitude
- 44.929869
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - 8,694 sq ft Massena home with modern amenities.
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 $479,000.
What are key features of this property?
This property features: 8400+ sq ft of living space on 2 acres.; Gourmet kitchen featuring a 14 ft island, Kraft‑Maid cabinets, Quartz countertops, 10‑burner gas stove, and commercial‑grade appliances including an undercounter dishwasher.; Home theater with a 6.5 ft x 11 ft screen, smart projector, and tiered seating for 9.
