5-Unit Multifamily
For Sale
Contact for pricing
261 Ten Eyck Street, Watertown, NY 13601
Five-unit apartment building with recent capital improvements in Watertown, offering dependable residential income potential.
Property Size6,866 SF
Price / SF$52.72
Days on Market109
Property Features for 261 Ten Eyck Street
General Information
Standard status
Active
Size
6,866 SF
Class
B
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$30,475
Additional Details
Multifamily Units
5
Building Details
Year Built
1880
Year Renovated
2020
Buildings
1
Units
5
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Pyramid Brokerage Company Syracuse
Listed By:
Jonathan Weinstein · License #NY
Source:
Crexi
Added: May 29
Changed: Sep 2
Last Checked: Sep 14 at 7:44AM
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 Cushman & Wakefield Pyramid Brokerage Company Syracuse
Investment Insights
Based on property information with market context.
This offering is a 5-unit multifamily apartment building located at 261 Ten Eyck Street in Watertown, New York. The property has undergone notable capital improvements in recent years, and it presents as a well-maintained income-producing asset. The building configuration supports multiple residential units under one roof, suitable for investors seeking a small, manageable multifamily portfolio.
The property is described as being within close proximity to Downtown Watertown and the Fort Drum military market. That positioning is intended to support steady residential demand, with the property benefiting from the regional multifamily market conditions referenced in the offering materials.
For buyers and investors, this is an opportunity to acquire a clearly defined 5-unit asset with documented recent improvements and an in-place operating framework. While specific unit mix, rent levels, and expense details are not provided here, the property’s maintained condition and multiple-unit structure can be attractive for operators looking for a hands-on residential income strategy in the Watertown area.
The property is described as being within close proximity to Downtown Watertown and the Fort Drum military market. That positioning is intended to support steady residential demand, with the property benefiting from the regional multifamily market conditions referenced in the offering materials.
For buyers and investors, this is an opportunity to acquire a clearly defined 5-unit asset with documented recent improvements and an in-place operating framework. While specific unit mix, rent levels, and expense details are not provided here, the property’s maintained condition and multiple-unit structure can be attractive for operators looking for a hands-on residential income strategy in the Watertown area.
Key Highlights
- 5‑unit multifamily building at 261 Ten Eyck St in the City of Watertown
- Year built: 1880
- Notable capital improvements completed in recent years
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,403
Businesses Nearby
Explore this area
Business Placement
Demographics for 13601, NY
37,287
Population
18,653
Households
2
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
140.8 sq mi
ZIP Area
265
Density / Sq Mi
$57,503
Median Household Income
$37,061
Median Earnings
$974
Median Rent
$170,100
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 - Five-unit apartment building with recent capital improvements in Watertown, offering dependable residential income potential.
Where is this apartment building located?
The property is located at 261 Ten Eyck Street Watertown, NY.
What is the asking price?
The asking price for this property is $362,000.
What are key features of this property?
This property features: 5‑unit multifamily building at 261 Ten Eyck St in the City of Watertown; Year built: 1880; Notable capital improvements completed in recent years
