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5-Unit Two-Building Apartment Property
For Sale
$330,000

211 Main Street, Newfield, NY 14867

COMMERCIAL - Newfield, NY

Property Size3,820 SF
Lot Size0.32 Acres
Price / SF$86.39
Days on Market154

Property Features for 211 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 5
Rooms Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 5
Parking features Garage
Exterior features BlacktopDriveway, PropaneTankLeased
Appliances Dryer, Dishwasher, GasOven, GasRange, PropaneWaterHeater, Refrigerator, Washer
Lot features Corner Lot, Rectangular, Rectangular Lot
Elementary school Newfield Elementary
Elementary school district Newfield
Middle school district Newfield
High school district Newfield
Directions from Ithaca - 13 S, to 211 Main Street, Newfield
Subdivision Newfield-503400
Standard status Active
APN 503400-014-000-0001-003-000-0000
Size 3,820 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 5623

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1860
Floors in Building 2
Number of units 5
Flooring type Varies, Hardwood, Laminate
Building materials WoodSiding
Roof type Asphalt, Metal
Listing Agency: Warren Real Estate of Ithaca Inc.
Listed By: Jill Burlington · License #30BU0950986
Added: Mar 16 Changed: Aug 4 Last Checked: Aug 16 at 8:06AM
MLS# R1662831

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.

This 5-unit apartment property sits on a 0.32-acre parcel and includes two separate residential buildings. The primary two-story home is divided into four individual one-bedroom apartments, and each apartment has its own private entrance. A standalone one-bedroom bungalow sits separately on the property for the fifth unit.

The buildings total 3,820 square feet. The home features wood siding, with a metal and asphalt roof. Heating is provided by natural gas forced air. Water service is public, and a leased propane tank supports on-site utilities. Flooring includes hardwood, varies, and laminate, and the property includes a garage for parking.

Each unit is equipped with standard in-unit appliances, including a washer and dryer, dishwasher, refrigerator, gas range, and gas oven, along with a propane water heater.

Key Highlights

  • Two separate residential buildings with 5 total units
  • Primary two‑story home divided into four 1‑bedroom apartments with private entrances
  • Standalone 1‑bedroom bungalow provides the 5th rental unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Carpet & Flooring Store Kitchen & Bath Showroom Restaurant Hair Salon

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 14867, NY

5,490
Population
2,488
Households
2.2
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
67.7 sq mi
ZIP Area
81
Density / Sq Mi
$67,644
Median Household Income
$48,494
Median Earnings
$1,163
Median Rent
$163,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two separate residential buildings total five units, with four one-bedroom apartments offering private entrances plus a standalone one-bedroom bungalow.
Where is this apartment building located?
The property is located at 211 Main Street Newfield, NY.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two separate residential buildings with 5 total units; Primary two‑story home divided into four 1‑bedroom apartments with private entrances; Standalone 1‑bedroom bungalow provides the 5th rental unit
More about this property
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