Listing Agency: Royal Shell Real Estate, Inc

Listed By: Frank Procopio · License #Sl3505095 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:48AM

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Investment Insights

Based on property information with market context.

Located at 34 South Ave in Cortland, NY, this multifamily property received updates in 2022, including a new shingle roof on the front and back of the house and a newly paved driveway.

The property may be purchased with 30 South Ave and 32 South Ave as a three-property package, or as part of an eight-property package that also includes 4, 6, 8, 16, and 24 South Ave.

Key Highlights

• New shingle roof on the front and backside of the house in 2022
• New paved driveway at 34 South Ave
• Available with 30 South Ave and 32 South Ave as a 3‑property package

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Bakery Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

556

Businesses Nearby

Explore this area Business Placement

Demographics for 13045, NY

28,406

Population

12,420

Households

2.3

Avg Household Size

36

Median Age

30%

College-Educated

90%

High-School Grad

107.9 sq mi

ZIP Area

263

Density / Sq Mi

$67,028

Median Household Income

$33,869

Median Earnings

$905

Median Rent

$162,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Roof and driveway improvements were completed in 2022.

Where is this multifamily property located?

The property is located at 34 South Ave Cortland, NY.

What are key features of this property?

This property features: New shingle roof on the front and backside of the house in 2022; New paved driveway at 34 South Ave; Available with 30 South Ave and 32 South Ave as a 3‑property package