5-Unit Apartment
New
For Sale
$300,000
301 Squires Avenue, Endicott, NY 13760
Five apartments provide a range of layouts across an eight-bedroom residential property.
Property Size2,776 SF
Price / SF$108.07
Days on Market6
Property Features for 301 Squires Avenue
General Information
Standard status
Active
Size
2,776 SF
Property subtype
Residential Income
Zoning
UTF, UTF
Additional Details
Public Transit
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$7,852
Amenities
Porch
Building Details
Building Size
2,776 SF
Year Built
1980
Buildings
1
Units
5
Listing Agency:
EXIT REALTY HOMEWARD BOUND
Listed By:
Christopher Lake · License #10401314389
(607) 237-5780
Source:
Gehlcorealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 6:10PM
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 EXIT REALTY HOMEWARD BOUND
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Investment Insights
Based on property information with market context.
The 1980-built apartment property contains five units and eight bedrooms, with varied layouts across the building. Its 2,776 square feet accommodate the five-unit configuration, and the property is zoned UTF.
Located at 301 Squires Avenue in Endicott, the building is described as close to local shops, restaurants, schools, and public transportation. Endicott and Binghamton University are also identified as nearby destinations.
Located at 301 Squires Avenue in Endicott, the building is described as close to local shops, restaurants, schools, and public transportation. Endicott and Binghamton University are also identified as nearby destinations.
Key Highlights
- Five apartment units with eight bedrooms
- 2,776 square feet of building area
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,126
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,520
$462.5K
Cap Rate 7%
$330,371
$330.4K
Cap Rate 9%
$256,956
$257.0K
Market Conditions
NOI Build-Up for 2,776 SF
Gross rent
$45.0K $16.20/SF
− Vacancy
−$2.9K −$1.05/SF
EGI
$42.0K $15.15/SF
− OpEx
−$18.9K −$6.82/SF
NOI
$23.1K $8.33/SF
Area
Broome County, NY
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,520
Cap Rate 7%
$330,371
Cap Rate 9%
$256,956
Alternative Uses
Best Use
Apartment 5plus
$330.4K
$289.1K – $385.4K
NOI $23,126 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.7K
$602.6K – $803.5K
NOI $48,209 @ 7.0% cap · market cap 16.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments provide a range of layouts across an eight-bedroom residential property.
Where is this apartment building located?
The property is located at 301 Squires Avenue Endicott, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five apartment units with eight bedrooms; 2,776 square feet of building area; Built in 1980
