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    Mixed-Use Live-Work Building Title is generated by Realmo AI

    373-375 Main Street, Oneonta, NY 13820

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    Claim this Listing
    New
    For Sale
    $495,000

    MULTI_FAMILY - Oneonta, NY

    Property size:
    3,264 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $151/SF
    Added:
    Jun 17, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 18 at 2:06 am

    Property Features for 373-375 Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 2, Basement, Bathroom 1, Bedroom 3
    Parking features
    Open, Garage
    Security features
    Security
    Patio and Porch features
    Porch
    Accessibility
    Accessible Approach with Ramp
    Appliances
    GasWaterHeater
    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
    Laminate, Hardwood, Varies, Carpet
    Building materials
    WoodSiding
    Roof type
    Flat, Membrane, Rubber

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    Listing Contact
    Tim Mullinnex

    Listing agent Tim Mullinnex License #10401341885

    Listing office Keller Williams Upstate NY Properties 31 Main St, Oneonta, NY

    Listing date Jun 17, 2026

    MLS# R1687236 Listing URL

    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.

    HighLights

    • Landmark mixed‑use property at 373‑375 Main Street in downtown Oneonta
    • Built in 1915 with wood siding, flat rubber/membrane roof, and varied flooring including hardwood and laminate
    • HVAC updates include 4 separate forced hot air furnaces plus central air for first‑floor spaces (over $100,000 invested)
    • Electrical improvements: upgraded first‑floor electric with four separate 100‑amp electric panels
    • Parking lot with 12 spaces professionally sealed and striped (completed October 2024), plus open parking and a garage
    • Exterior refreshed: scraped, primed, and painted with two coats (September 2025); 5‑ft white vinyl fence installed July 2023

    Overview

    373-375 Main Street is a mixed-use live-work property with both residential and first-floor commercial spaces. Major capital improvements include updated HVAC systems with four separate forced hot air furnaces and central air conditioning serving the first-floor spaces. The building has undergone substantial electrical upgrades, featuring four separate 100-amp electric panels and updated first-floor electric service, along with a replaced side roof, a new garage door, and newly painted interiors. Interior finishes include new carpeting throughout with original oak floors underneath, and unit #3 upstairs has new flooring planned in the kitchen and bathroom (Spring 2026). Exterior work includes fresh scraping, priming, and painting completed in September 2025, and a professionally installed 5-foot white vinyl fence (July 2023). A professionally sealed and striped parking lot with 12 spaces was completed in October 2024.

    The property is positioned directly on Main Street in downtown Oneonta, providing straightforward street-level access for occupants and visitors.

    With extensive infrastructure upgrades already completed, the building is well suited for investors or owner-operators seeking flexible mixed-use space that combines residence and commercial operations in a single, maintained downtown asset. The on-site parking supports day-to-day accessibility for first-floor tenants and residents.

    Local Financial Insights For Office B

    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 $70.5k $21.60
    − Vacancy −$15.5k −$4.75
    EGI $55.0k $16.85
    − OpEx −$13.7k −$4.21
    NOI $41.2k $12.64
    3,264 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $589.2K
    $515.6K – $687.4K (±1% cap)
    NOI $41,244 @ 7.0% cap · market cap 8.33%
    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 local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.055789
    Latitude
    42.457942

    FAQs

    What type of property is this?
    Live-work space - Mixed-use building with updated HVAC, central air, upgraded electrical, and a 12-space parking lot on Main Street.
    Where is this live-work space 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: Landmark mixed‑use property at 373‑375 Main Street in downtown Oneonta; Built in 1915 with wood siding, flat rubber/membrane roof, and varied flooring including hardwood and laminate; HVAC updates include 4 separate forced hot air furnaces plus central air for first‑floor spaces (over $100,000 invested)
    More about this property
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