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    Historic Four-Unit Multifamily Property Title is generated by Realmo AI

    202 Main Street, Newfield, NY 14867

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    Claim this Listing
    For Sale
    Under Contract
    $299,000

    MULTI_FAMILY - Other - Newfield, NY

    Property size:
    2,717 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $110/SF
    Added:
    Feb 23, 2026
    Days on Market:
    80
    Last Refresh:
    May 14 at 9:06 am

    Property Features for 202 Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bathroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 1
    Parking features
    On Street
    Exterior features
    PropaneTankLeased
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Standard status
    Active Under Contract
    APN
    503400-013-000-0003-018-001-0000
    Size
    2,717 SF
    Lot size
    0.24 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4464

    Utilities

    Heating system
    Forced Air, Electric (Heating), Baseboard, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1895
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Carpet, Varies, Hardwood, Laminate
    Building materials
    BlownInInsulation, VinylSiding
    Roof type
    Asphalt
    Architectural style
    Other

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    Listing Contact
    Grace Petrisin

    Listing agent Grace Petrisin License #10401252123

    Listing office Warren Real Estate of Ithaca Inc. (Downtown) 140 Seneca Way Suite 200, Ithaca, NY

    Listing date Feb 23, 2026

    MLS# R1663088 Listing URL

    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.

    HighLights

    • Proven income‑producing property with a 20+ year history of consistent performance and minimal vacancy.
    • Four apartments with separate tenant‑paid utilities (heat and electric) for predictable ownership costs.
    • Turnkey investment with excellent financials and reliable cash flow.
    • Apartment #4 is completely remodeled, blending modern updates with historic charm.
    • Well‑maintained historic building with timeless character and architectural charm.
    • Long‑term tenants reflecting strong demand and attentive ownership.

    Overview

    This well-maintained multifamily property, featuring a historic building filled with character and architectural charm, presents an exceptional investment opportunity. The property contains four apartments, each equipped with separate utilities, enabling tenants to manage their own heat and electric expenses. This arrangement offers a significant advantage for expense control and predictable ownership costs. The building has a history of long-term tenants and minimal vacancy over the past 20 years. One of the apartments was completely remodeled, blending modern updates with the property's historic appeal. The property, situated on a 0.24-acre lot, offers a turnkey investment with reliable cash flow. The building size is 2717 square feet. This income-producing property has a history of consistent performance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Kitchen & Bath Showroom Daycare Center HVAC Service Restaurant Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newfield
    County
    Tompkins
    State
    New York
    Longitude
    -76.591807
    Latitude
    42.361708

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with long-term tenants and separate utilities.
    Where is this quadplex located?
    The property is located at 202 Main Street Newfield, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Proven income‑producing property with a 20+ year history of consistent performance and minimal vacancy.; Four apartments with separate tenant‑paid utilities (heat and electric) for predictable ownership costs.; Turnkey investment with excellent financials and reliable cash flow.
    More about this property
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