Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    McGraw Village Triplex Investment Opportunity Title is generated by Realmo AI

    25 North Street, McGraw, NY 13101

    View on Map
    Claim this Listing
    Pending
    $129,000

    MULTI_FAMILY - Other - Mc Graw, NY

    Property size:
    3,535 SF
    Lot size:
    0.17 Acres
    Added:
    Jul 14, 2025
    Days on Market:
    310
    Last Refresh:
    May 19 at 1:06 am

    Property Features for 25 North Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 5, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Basement, Bedroom 2
    Interior features
    CeilingFans, NaturalWoodwork
    Appliances
    ElectricWaterHeater, GasWaterHeater
    Standard status
    Pending
    APN
    112203-088-015-0002-015-000-0000
    Size
    3,535 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2057

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1830
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Laminate, Varies, Hardwood, Vinyl, Carpet
    Building materials
    VinylSiding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Pamela Williams

    Listing agent Pamela Williams License #10401314208

    Listing office Yaman Real Estate 185 Clinton Ave., Cortland, NY

    Listing date Jul 14, 2025

    MLS# S1622123 Listing URL

    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

    • Three‑unit property offering investment or owner‑occupier potential.
    • Each unit has separate utilities and entrances.
    • Many updates including new porches, furnaces, water heaters, updated electrical, and new water piping.
    • Unit 1 features 3 bedrooms, 2 baths, updated kitchen, new floors, windows, paint, and in‑unit washer/dryer.
    • Corner lot location in the Village of McGraw, walking distance to schools, parks, stores, and a pizza shop.
    • Off‑street parking available.

    Overview

    Located on a corner lot in the Village of McGraw, this three-unit property presents an investment opportunity for either an investor or an owner-occupier. Unit 1 features 3 bedrooms and 2 bathrooms with ongoing updates including an updated kitchen, new floors, windows, paint, and bathroom. This unit also includes a washer and dryer, with upstairs bedrooms needing finishing. Unit 2 offers 2 bedrooms and 1 bathroom with several updates, while Unit 3 has 2 bedrooms and 1 bathroom. Each unit has separate entrances and individual utilities, and spans two stories. The property has new porches, furnaces, water heaters, updated electrical systems, and new water piping. Access to the basement is located at the back of the unit. Off-street parking is available. A small backyard runs along the creek. The location is within walking distance to schools, parks, small stores, and a pizza shop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Hair Salon Big Box & Wholesale Store Auto Parts Store Bar & Pub Grocery & Convenience Store Food Market Grocery & Convenience Store Electrical Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McGraw
    County
    Cortland
    State
    New York
    Longitude
    -76.09315
    Latitude
    42.598056

    Nearby Similar for Sale

    • $74,900
      2,208 SF

      Rehab Duplex with Income Potential

      Duplex in Mc Graw, NY, ideal for investment.
      35 Main Street, Mc Graw, NY 13101
      View Details
    • $95,999
      1,372 SF

      Fully Rented Two-Family Unit

      Two-unit property in a quiet setting, ideal for owner-occupancy.
      26 1/2 W Center Street, Mc Graw, NY 13101
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property in McGraw, NY, with separate utilities and updates.
    Where is this triplex located?
    The property is located at 25 North Street McGraw, NY.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: Three‑unit property offering investment or owner‑occupier potential.; Each unit has separate utilities and entrances.; Many updates including new porches, furnaces, water heaters, updated electrical, and new water piping.
    (607) 745-3731
    We can help!
    Listing Contact
    Pamela Williams
    Real Estate License ID: 10401314208
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    25 North Street, Mc Graw, NY 13101
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!