Duplex with Covered
For Sale
$345,900
219 Mohawk St, Herkimer, NY 13350
Two spacious units share a full basement, off-street parking, and an expansive backyard with additional storage.
Property Size1,400 SF
Days on Market50
Property Features for 219 Mohawk St
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$4,454
Building Details
Building Size
1,400 SF
Year Built
1962
Stories
2
Units
2
Listing Agency:
River Hills Properties LLC
Listed By:
Brandon Mosher · License #10301224028
(315) 868-4596
Source:
Elliman
Added: Aug 28
Changed: Oct 6
Last Checked: Oct 15 at 1:21AM
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 River Hills Properties LLC
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Investment Insights
Based on property information with market context.
This duplex at 219 Mohawk Street contains two residential units, each arranged with three bedrooms and one and one-half bathrooms. Combined, the property offers six bedrooms and three bathrooms, with living areas, portions of hardwood flooring, and abundant natural light. A full basement adds utility and storage space, while off-street parking supports daily use.
The property occupies a large lot in the Village of Herkimer, including a broad backyard, covered rear patio, and storage shed. The outdoor areas provide space for recreation, gardening, pets, and gatherings. Shopping, dining, schools, and major roadways are accessible from the property. Built in 1962, the duplex also has a Walk Score of 71 and a Bike Score of 50.
The property occupies a large lot in the Village of Herkimer, including a broad backyard, covered rear patio, and storage shed. The outdoor areas provide space for recreation, gardening, pets, and gatherings. Shopping, dining, schools, and major roadways are accessible from the property. Built in 1962, the duplex also has a Walk Score of 71 and a Bike Score of 50.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 3 bathrooms total
- Each unit includes 3 bedrooms and 1.5 bathrooms
- Large lot with sprawling backyard and covered back patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,190
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,800
$203.8K
Cap Rate 7%
$145,571
$145.6K
Cap Rate 9%
$113,222
$113.2K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$20.2K $14.40/SF
− Vacancy
−$1.6K −$1.17/SF
EGI
$18.5K $13.23/SF
− OpEx
−$8.3K −$5.96/SF
NOI
$10.2K $7.28/SF
Area
Herkimer County, NY
Vacancy
8.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,800
Cap Rate 7%
$145,571
Cap Rate 9%
$113,222
Alternative Uses
Best Use
Apartment 5plus
$145.6K
$127.4K – $169.8K
NOI $10,190 @ 7.0% cap · market cap 2.95%
Second Best
Multifamily LT 5
$142.9K
$125.0K – $166.7K
NOI $10,002 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$416.7K
$364.6K – $486.2K
NOI $29,170 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
Explore this area
Business Placement
Demographics for 13350, NY
9,513
Population
4,709
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
31.6 sq mi
ZIP Area
301
Density / Sq Mi
$62,548
Median Household Income
$37,975
Median Earnings
$821
Median Rent
$136,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious units share a full basement, off-street parking, and an expansive backyard with additional storage.
Where is this duplex located?
The property is located at 219 Mohawk St Herkimer, NY.
What is the asking price?
The asking price for this property is $345,900.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 3 bathrooms total; Each unit includes 3 bedrooms and 1.5 bathrooms; Large lot with sprawling backyard and covered back patio
