Building Details

Building Size 4,880 SF

Year Built 1920

Stories 2

Units 3

Listing Agency: Howard Hanna Real Estate b***@howardhanna.com Show Phone

Listed By: Robert McTague · License #40MC1108776 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 17 Last Checked: Aug 21 at 12:43PM

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Investment Insights

Based on property information with market context.

This is a five-unit investment property consisting of two structures located in the Village of Lacona. The property is currently generating a combined monthly income of $4,025. Many updates and upgrades have been completed, including a new roof installed in 2024, numerous windows replaced between 2018 and 2025, and two furnaces installed in 2018. Interior improvements include laminate flooring, carpet, and paint. All units are currently leased, with most leases extending through July or August 2026. This property is being sold with the adjacent property known as 4 Demott Street.

Key Highlights

• High cash‑flowing investment opportunity with 5 units.
• All units currently leased, generating $4,025 monthly income.
• Most leases in place through July/August 2026.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

58

Businesses Nearby

Explore this area Business Placement

Demographics for 13083, NY

1,896

Population

931

Households

2

Avg Household Size

43

Median Age

22%

College-Educated

87%

High-School Grad

59.6 sq mi

ZIP Area

32

Density / Sq Mi

$60,625

Median Household Income

$36,929

Median Earnings

$1,021

Median Rent

$134,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Five-Unit Multifamily Investment Opportunity

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit property with updates and long-term leases in place.

Where is this apartment building located?

The property is located at 20 Park Ave Sandy Creek, NY.

What is the asking price?

The asking price for this property is $149,900.

What are key features of this property?

This property features: High cash‑flowing investment opportunity with 5 units.; All units currently leased, generating $4,025 monthly income.; Most leases in place through July/August 2026.