226 Genesee Street, Utica, NY 13502
MULTI_FAMILY - Other - Utica, NY
- Added:
- Oct 13, 2025
- Days on Market:
- 245
- Last Refresh:
- Jun 14 at 6:06 am
Property Features for 226 Genesee Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 301600-318-050-0002-011-000-0000
- Size
- 5,950 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2959
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Laminate, Varies
- Building materials
- Brick
- Roof type
- Membrane, Rubber
- Architectural style
- Other
Listing agent Lori DiNardo-Emmerich License #10401218651 (315) 525-2733
Listing office Coldwell Banker Faith Properties 2811 Genesee St, Utica, NY (315) 735-2222
Listing date Oct 13, 2025
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
- Brick building built in 1950 with basement and driveway parking.
- Main‑level historic bar preserved, featuring hand‑crafted Meyda Tiffany lighting and original wood bar from St. Mark's Tavern.
- Roof has membrane and rubber materials; heating is forced air with natural gas.
- Gas water heater and public water supply.
- Second and third floors offer expansive layouts with high ceilings and large windows.
- Located on Genesee Street in downtown Utica near Wynn Hospital, Stanley Theatre, Adirondack Bank Center, and Harbor Point.
Overview
Located at 226 Genesee Street in Utica, the property sits in a downtown setting. The public remarks note proximity to Wynn Hospital, the Stanley Theatre, the Adirondack Bank Center (home of the Utica Comets), and the Harbor Point development.
For buyers and operators, the existing bar improvements create a straightforward foundation for a restaurant or beverage concept, while the upper floors can be adapted to loft apartments, creative studios, or other unique living/working arrangements. The combination of preserved main-level character and multi-floor potential may appeal to investors seeking a distinctive downtown mixed-use or live-work redevelopment opportunity.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.5k | $21.60 |
| − Vacancy | −$15.4k | −$2.59 |
| EGI | $113.1k | $19.01 |
| − OpEx | −$42.4k | −$7.13 |
| NOI | $70.7k | $11.88 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Shadowbox Lounge — 1216 Park Ave, Utica, NY 13501
- The Utica Lounge — 812 Charlotte St, Utica, NY 13501
- Johnny Nole’s Bar and Grill — 16 Hopper St, Utica, NY 13501
- Kozar's Grill — 1000 Sunset Ave, Utica, NY 13502
- Dinghy — 728 Plant St, Utica, NY 13502
Location Insight
- Map
- Local Demand
- City
- Utica
- County
- Oneida
- State
- New York
- Longitude
- -75.233176
- Latitude
- 43.100753
