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Triplex With Commercial Space
For Sale
Contact for pricing
Pending

242-244 James Street, Utica, NY 13501

Three upper-level apartments accompany unfinished first-floor areas with restaurant and bar/club improvements.

Property SizeContact for details
Days on Market143

Property Features for 242-244 James Street

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Utilities to Site Yes

Building Details

Buildings 2
Listing Agency: Berkshire Hathaway Homeservices Zambito Realtors
Listed By: Mary K MacKaig · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:32PM

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 Berkshire Hathaway Homeservices Zambito Realtors

Investment Insights

Based on property information with market context.

This triplex includes three second-floor apartments arranged as 3-bedroom, 2-bedroom, and 1-bedroom units. The two-building property also contains first-floor commercial areas in varying stages of completion. One section is under construction with materials already purchased, while another provides a bar/club layout with two restrooms and a smaller banquet or restaurant area.

The commercial portion includes a kitchen equipped with an Ansul system, ice machine, and stove. Apartment improvements include new vinyl windows, electrical work in progress, and new cabinetry in one unit. The flat torch-down roof is approximately 5 years old. Utilities are separated through 5 breaker boxes, 5 electric meters, and 3 gas meters, with one forced-air furnace serving the second-floor apartments. The property is offered in as-is condition.

Key Highlights

  • Three second‑floor apartments: 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts
  • Two‑building property with first‑floor commercial areas, including unfinished space
  • Bar/club area includes 2 bathrooms and a smaller banquet or restaurant area

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service HVAC Service Carpet & Flooring Store Kitchen & Bath Showroom

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 13501, NY

40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
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?
Triplex - Three upper-level apartments accompany unfinished first-floor areas with restaurant and bar/club improvements.
Where is this triplex located?
The property is located at 242-244 James Street Utica, NY.
What are key features of this property?
This property features: Three second‑floor apartments: 3‑bedroom, 2‑bedroom, and 1‑bedroom layouts; Two‑building property with first‑floor commercial areas, including unfinished space; Bar/club area includes 2 bathrooms and a smaller banquet or restaurant area
More about this property
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