Building Details

Tenancy Multi

Listing Agency: Coldwell Banker Prime Properties New Hartford m***@gmail.com Show Phone

Listed By: Melissa Paquette · License #NY

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 6:17PM

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Investment Insights

Based on property information with market context.

This two-building multi-family property includes six total apartments. The front building at 2893 Mohawk Street has four 1BR units with a mix of forced air gas furnaces in the downstairs units and electric heat in the upstairs units. Cold water is included in the rents, and the building has a 7-year-old metal roof, four washer/dryer hook-ups, and separate breaker boxes in the basement; tenant-owned washer/dryers do not convey.

The second building at 2891 Mohawk Street offers two apartments, including a 1BR and a 2BR, and includes a large garage. Each unit has separate utilities and its own breaker box. The property also includes ample parking with a loop around the driveway and a backyard area.

Under the taxes, there is a special assessment for water and sewer charges.

Key Highlights

• 6‑apartment multi‑family across 2 buildings at 2893 and 2891 Mohawk St, all with month‑to‑month leases
• 2893 Mohawk St has 4 units (1BR each) with separate utilities; downstairs units use forced air gas furnaces and upstairs units use electric heat
• Cold water is included in all rents for the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Restaurant Law Firm Storage Facility Garden Center 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

6

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Explore this area Business Placement

Demographics for 13456, NY

3,941

Population

1,549

Households

2.5

Avg Household Size

42

Median Age

35%

College-Educated

97%

High-School Grad

25.5 sq mi

ZIP Area

155

Density / Sq Mi

$90,893

Median Household Income

$56,250

Median Earnings

$822

Median Rent

$254,600

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?

Apartment building - Multi-family sale featuring 6 apartments across two buildings with separate utilities and month-to-month leases.

Where is this apartment building located?

The property is located at 2891-2893 Mohawk Street Sauquoit, NY.

What are key features of this property?

This property features: 6‑apartment multi‑family across 2 buildings at 2893 and 2891 Mohawk St, all with month‑to‑month leases; 2893 Mohawk St has 4 units (1BR each) with separate utilities; downstairs units use forced air gas furnaces and upstairs units use electric heat; Cold water is included in all rents for the property