13-Unit Apartment
For Sale
$1,795,000
211 Tompkins St, Cortland, NY 13045
Built in 1994 and located minutes from SUNY Cortland, downtown Cortland, and Interstate 81.
Property Size12,500 SF
Lot Size0.66 Acres
Price / SF$143.60
Days on Market38
Property Features for 211 Tompkins St
General Information
Standard status
Active
Size
12,500 SF
Lot size
0.66 Acres
Property subtype
Residential Income
Net Operating Income
$126,749
Financials
Asking Price
$1,795,000
Cap Rate
7.06%
Gross Income
$180,300
Additional Details
Highway Access
Yes
Multifamily Units
13
Taxes and HOA fees
Annual Taxes
$27,093
Building Details
Year Built
1994
Buildings
1
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Matt Mastrangelo · License #10401342068
(856) 506-2722
Source:
Exprealty
Added: Aug 8
Changed: Sep 13
Last Checked: Sep 14 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker NY LLC
Investment Insights
Based on property information with market context.
This 13-unit apartment building at 211 Tompkins Street contains 12,500 square feet on a 28,750-square-foot parcel. Constructed in 1994, the property is identified as 05 - Commercial zoning and represents a purpose-built multifamily asset in Cortland, New York.
The building is situated minutes from SUNY Cortland, downtown Cortland, and Interstate 81. The surrounding SUNY Cortland rental area serves approximately 6,600 students. Reported operating performance includes a 7.06% capitalization rate, providing a measurable financial metric for evaluation.
The building is situated minutes from SUNY Cortland, downtown Cortland, and Interstate 81. The surrounding SUNY Cortland rental area serves approximately 6,600 students. Reported operating performance includes a 7.06% capitalization rate, providing a measurable financial metric for evaluation.
Key Highlights
- 13 apartment units in a 12,500‑square‑foot building
- 28,750‑square‑foot parcel
- Built in 1994
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
13
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 13045, NY
28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1994 and located minutes from SUNY Cortland, downtown Cortland, and Interstate 81.
Where is this apartment building located?
The property is located at 211 Tompkins St Cortland, NY.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 13 apartment units in a 12,500‑square‑foot building; 28,750‑square‑foot parcel; Built in 1994
