352 Main St, New York Mills, NY
Mixed-use property with residential and commercial units in New York Mills.
Property Features for 352 Main St
General Information
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Investment Insights
Based on property information with market context.
Key Highlights
- Mixed‑use investment property
- Located on Main Street
- Four residential units and one commercial unit
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.4k | $21.60 |
| − Vacancy | −$12.9k | −$2.59 |
| EGI | $94.5k | $19.01 |
| − OpEx | −$35.4k | −$7.13 |
| NOI | $59.0k | $11.88 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Market
Vacancy Rate% for Multifamily in Northeast region