Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    259 Sunset Drive Corning, NY 14830

    View on Map
    Claim this Listing
    New
    For Sale
    $150,000

    MULTI_FAMILY - Other - Corning, NY

    Property size:
    2,743 SF
    Lot size:
    0.08 Acres
    Price / SF:
    $54/SF
    Added:
    Apr 28, 2026
    Days on Market:
    4
    Last Refresh:
    May 1 at 12:06 am

    Property Features for 259 Sunset Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 3, Bedroom 5, Basement, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 2
    Parking features
    On Street
    Patio and Porch features
    Deck, Porch
    Interior features
    CathedralCeilings
    Exterior features
    Deck, EnclosedPorch, Fence, Porch
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    460300-317-043-0001-013-000
    Size
    2,743 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4913

    Utilities

    Heating system
    Natural Gas, Radiant
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Vinyl, Varies
    Building materials
    VinylSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Larry G. Baker Jr.

    Listing agent Larry G. Baker Jr. License #10401271502

    Listing office Signature Properties 506 S MAIN ST, Horseheads, NY

    Listing date Apr 28, 2026

    MLS# R1677016 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.

    Overview

    Two-Unit Property Near Downtown Corning

    This property features two units, an upper unit with 2 bedrooms and 1 bath, and a lower unit with 3 bedrooms and 2 full baths. Both units include laundry hookups. The property consists of 3 separate parcels, providing a yard on both sides of the house. One side of the yard is fenced, and the other is partially fenced. There are 2 storage sheds, one with a deck suitable for outdoor activities. Off-street parking is available. The property is located close to downtown Corning. The property size is 2743 square feet and the lot size is 0.082 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carrie Vanslyke, PT Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Corning
    County
    Steuben
    State
    New York
    Longitude
    -77.065336
    Latitude
    42.14477

    Nearby Similar for Sale

    • $800,000
      11,558 SF

      Historic Victorian Multifamily Investment Property

      Turn-key investment property with four renovated apartments and bonus attic suite.
      201 Pine Street, Corning, NY 14830
      View Details
    • $650,000
      5,880 SF

      Corning Investment Property with Tenant

      Four-unit building leased to Visionworks until 2027.
      107-113 W Market Street, Corning, NY 14830
      View Details
    • $1,795,000
      11,776 SF

      Commercial Building in Gaffer District

      High-quality commercial building in a historical district.
      2-4 E Market Street, Corning, NY 14830
      View Details
    • $190,000

      Main Street Market & Deli

      Established market and deli in high-traffic area, CORNING, NY
      1613 Main Street, CORNING, NY 14898
      View Details
    • $139,000
      3,316 SF

      Mixed-Use Property in Corning, NY

      Commercial storefront with apartments and additional commercial space.
      135 Bridge Street, Corning, NY 14830
      View Details
    • $140,000
      2,048 SF

      Two-Unit Property with Recent Upgrades

      Two-unit property in Corning, NY with many recent upgrades.
      176 W Pulteney Street, Corning, NY 14830
      View Details
    • $256,000
      2,374 SF

      Updated Two-Unit Multifamily Property

      Newly updated two-unit property near Market St in Corning, NY.
      86 W SECOND Street, Corning, NY 14830
      View Details
    • $200,000
      3,600 SF

      Spacious Duplex Near Market Street

      Two-unit property with remodeling potential, near Market Street.
      213-215 Walnut Street, Corning, NY 14830
      View Details
    • $149,900
      2,740 SF

      Corning Multifamily Income Property

      Three-unit income property in Corning, NY with potential for improvements.
      148 W 3rd Street, Corning, NY 14830
      View Details
    • $225,000
      2,170 SF

      Historical Mixed-Use Building on Market

      Mixed-use building with retail and apartment units on Market Street.
      88 E Market Street, Corning, NY 14830
      View Details
    • $197,000
      2,715 SF

      Versatile Home Zoned for Two-Family

      Well-maintained home with potential for multi-family conversion near Market Street.
      422 Watauga Avenue Extension, Corning, NY 14830
      View Details
    • $134,900
      2,120 SF

      Spacious Two-Unit Income Property

      Two-unit property with updated interiors, generating income in Corning.
      13-15 Maple Street, Corning, NY 14830
      View Details

    FAQs

    What type of property is this?
    Duplex - Income potential with two units and off-street parking.
    Where is this duplex located?
    The property is located at 259 Sunset Drive Corning, NY.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Income potential with a 2‑unit property (upper: 2 bed/1 bath, lower: 3 bed/2 bath).; Three separate parcels providing a large yard on both sides of the house.; Laundry hookups in both units.
    (607) 738-3129
    We can help!
    Listing Contact
    Larry G. Baker Jr.
    Real Estate License ID: 10401271502
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!