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Bank Drive-Through Property
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For Sale
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28-30 Garfield Ave, Endicott, NY 13760

The former bank site has access from Garfield Avenue and Monroe Street, with parking at 28 Garfield Avenue.

Property Size243 SF
Price / SF$407.41
Days on Market3

Property Features for 28-30 Garfield Ave

General Information

Standard status Active
Size 243 SF
Property subtype OFFICE

Additional Details

Road Access Yes
Listing Agency: Cushman & Wakefield | Pyramid Brokerage - Binghamton
Listed By: Jeffrey Sabitus
Source: Moodyscre
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 4 at 3:03PM

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 - Binghamton

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 243-square-foot property previously operated as a bank drive-through. The site is at 28-30 Garfield Avenue in Endicott, with parking available at 28 Garfield Avenue.

Access is provided from both Garfield Avenue and Monroe Street.

Key Highlights

  • Former bank drive‑through with 243 square feet
  • Access from Garfield Avenue and Monroe Street
  • Parking available at 28 Garfield Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$3,143
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$62,860 $62.9K
Cap Rate 7%
$44,900 $44.9K
Cap Rate 9%
$34,922 $34.9K
Market Conditions
NOI Build-Up for 243 SF
Gross rent
$4.4K $18.00/SF
− Vacancy
−$184 −$0.76/SF
EGI
$4.2K $17.24/SF
− OpEx
−$1.0K −$4.31/SF
NOI
$3.1K $12.93/SF
Area
Broome County, NY
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$62,860
Cap Rate 7%
$44,900
Cap Rate 9%
$34,922

Alternative Uses

Best Use
Specialty Retail
$44.9K
$39.3K – $52.4K (±1% cap)
NOI $3,143 @ 7.0% cap · market cap 3.17%
Second Best
Retail
$34.9K
$30.6K – $40.7K (±1% cap)
NOI $2,444 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$60.3K
$52.8K – $70.3K (±1% cap)
NOI $4,220 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Real Estate Agency Storage Facility Furniture & Home Goods Daycare Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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
Paved road access

Location Intelligence

Trade Area within ½ mile

1,022
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 32% Groceries 27% Electronics 2%
Price Chopper Supermarkets Groceries
28,152 visits/mo 0.3 miles
Wendy's Dining
28,070 visits/mo 0.3 miles
Dunkin' Donuts Dining
12,018 visits/mo 0.3 miles
Speedway Shops & Services
10,772 visits/mo 0.5 miles
Dollar General Shops & Services
5,434 visits/mo 0.4 miles

Demographics for 13760, NY

44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Bank - The former bank site has access from Garfield Avenue and Monroe Street, with parking at 28 Garfield Avenue.
Where is this bank located?
The property is located at 28-30 Garfield Ave Endicott, NY.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Former bank drive‑through with 243 square feet; Access from Garfield Avenue and Monroe Street; Parking available at 28 Garfield Avenue
(607) 206-1047 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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