5-Unit Apartment
New
For Sale
$209,900
221 N Prospect Street, Herkimer, NY 13350
CommercialSale, Herkimer, NY
Property Size5,652 SF
Lot Size0.16 Acres
Price / SF$37.14
Days on Market2
Property Features for 221 N Prospect Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
Res/Com
Zoning description
Commercial
Parking
6
Lot features
Rectangular, Rectangular Lot
Elementary school district
Herkimer
Middle school district
Herkimer
High school district
Herkimer
Subdivision
Herkimer-Village-213001
Standard status
Active
APN
213001-120-025-0001-004-000-0000
Size
5,652 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
4969
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1974
Floors in Building
2
Building materials
Block
Roof type
Asphalt
Listing Agency:
Coldwell Banker Faith Properties · Coldwell Banker Real Estate
(315) 735-2222
Listed By:
Sarah L. Roy · License #40RO1105903
(315) 725-6692
Added: Sep 28
Last Checked: Sep 29 at 2:06PM
MLS# S1718227
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 building contains three 1-bedroom apartments, one studio, and one 2-bedroom apartment. The 5,652-square-foot building was constructed in 1974 with block construction and has a relatively new asphalt roof. Heating is provided by natural gas and forced air; the property also has public water and public sewer. Zoning is Res/Com.
The 0.16-acre property includes six dedicated parking spaces. Herkimer College is described as having direct access from the property, with village amenities within easy travel distance.
The 0.16-acre property includes six dedicated parking spaces. Herkimer College is described as having direct access from the property, with village amenities within easy travel distance.
Key Highlights
- Five apartments: three 1‑bedroom units, one studio, and one 2‑bedroom unit
- All five units are currently rented
- 5,652‑square‑foot building on a 0.16‑acre lot
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
845
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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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - All apartments are occupied, and dedicated parking is provided on site.
Where is this apartment building located?
The property is located at 221 N Prospect Street Herkimer, NY.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Five apartments: three 1‑bedroom units, one studio, and one 2‑bedroom unit; All five units are currently rented; 5,652‑square‑foot building on a 0.16‑acre lot
