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Mixed-Use Investment Property For Sale
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352 Main St, New York Mills, NY

Mixed-use property with residential and commercial units in New York Mills.

Property Size4,970 SF
Lot Size0.29 Acres
Price / SF$140.64
Days on Market337

Property Features for 352 Main St

General Information

Standard status Active
Size 4,970 SF
Lot size 0.29 Acres
Property subtype RETAIL
Listing Agency: Pavia Real Estate Services
Listed By: Kevin Valenti · License #3321260
Source: Moodyscre
Added: Sep 3, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:07AM

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 Pavia Real Estate Services

Investment Insights

Based on property information with market context.

This mixed-use investment property is located on Main Street in New York Mills. The property includes four residential units and one commercial unit, all of which are fully occupied. The building has undergone numerous upgrades. On-site parking is available. The property has a size of 4970 square feet.

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
4,970 SF · lease $21.60/SF/yr · vacancy 12.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$843.5K
$738.1K – $984.1K (±1% cap)
NOI $59,044 @ 7.0% cap · market cap 8.45%
Second Best
Retail
$714.2K
$624.9K – $833.2K (±1% cap)
NOI $49,993 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,679 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Shear Bliss Hair ... Hair Salon Hair We Are ... Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Storage Facility

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

94
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial units in New York Mills.
Where is this mixed-use property located?
The property is located at 352 Main St New York Mills, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Mixed‑use investment property; Located on Main Street; Four residential units and one commercial unit
(315) 736-1555 Call to check price and availability
More about this property
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