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Mixed-Use Building with Parking
For Sale
$495,000

373-375 Main Street, Oneonta, NY 13820

Residential, Oneonta, NY

Property Size3,264 SF
Lot Size0.26 Acres
Price / SF$151.65
Days on Market138

Property Features for 373-375 Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 4
Parking features Garage, Open
Security features Security
Patio and Porch features Porch
Accessibility Accessible Approach with Ramp
Appliances GasWaterHeater
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Oneonta
Middle school district Oneonta
High school district Oneonta
Directions From I88 take exit 15 towards Main street, turn right onto Main St, Property on left, see sign.
Subdivision Oneonta-City-361200
Standard status Active
APN 361200-288-018-0006-016-000-0000
Size 3,264 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Annual Amount 8415

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Flooring type Varies, Carpet, Laminate, Hardwood
Building materials WoodSiding
Roof type Membrane, Flat, Rubber
Listing Agency: Keller Williams Upstate NY Properties · Keller Williams Realty
Listed By: Tim Mullinnex · License #10401341885
Added: Jun 17 Changed: Oct 30 Last Checked: Nov 1 at 10:06PM
MLS# R1687236

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1915, this 3,264-square-foot mixed-use property combines residential and first-floor commercial spaces at 373-375 Main Street in Oneonta. The building occupies 0.26 acres and includes updated flooring, painted interiors, carpeting over original oak floors, a porch, basement space, and an accessible approach with ramp. Four separate forced-air furnaces provide heating, while central air conditioning serves the first-floor areas. The property also has four separate 100-amp electric panels, a new side roof, a new garage door, and a flat rubber membrane roof.

Located directly on Main Street in downtown Oneonta, the property benefits from prominent street exposure and includes a professionally sealed and striped parking lot with 12 spaces, completed in October 2024. A 5-foot white vinyl fence was installed in July 2023, and the exterior was scraped, primed, and painted in September 2025.

Key Highlights

  • 3,264‑square‑foot mixed‑use building on 0.26 acres
  • 12‑space parking lot sealed and striped in October 2024
  • Four separate forced‑air furnaces with central air serving first‑floor spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,501
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,020 $570.0K
Cap Rate 7%
$407,157 $407.2K
Cap Rate 9%
$316,678 $316.7K
Market Conditions
NOI Build-Up for 3,264 SF
Gross rent
$43.1K $13.20/SF
− Vacancy
−$2.4K −$0.73/SF
EGI
$40.7K $12.47/SF
− OpEx
−$12.2K −$3.74/SF
NOI
$28.5K $8.73/SF
Area
Otsego County, NY
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,020
Cap Rate 7%
$407,157
Cap Rate 9%
$316,678

Alternative Uses

Best Use
Multifamily LT 5
$407.2K
$356.3K – $475.0K (±1% cap)
NOI $28,501 @ 7.0% cap · market cap 5.76%
Second Best
Mixed Use
$400.1K
$350.1K – $466.8K (±1% cap)
NOI $28,005 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$899.7K
$787.3K – $1.05M (±1% cap)
NOI $62,982 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Catering Service Daycare Center Home Appliance Store

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby

Demographics for 13820, NY

21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A 1915 building with upgraded systems, central air, and on-site parking offers flexible space in Oneonta’s downtown core.
Where is this mixed-use property located?
The property is located at 373-375 Main Street Oneonta, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,264‑square‑foot mixed‑use building on 0.26 acres; 12‑space parking lot sealed and striped in October 2024; Four separate forced‑air furnaces with central air serving first‑floor spaces
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