Furnished Duplex with Separate
For Sale
$199,900
Pending
38 Oak Street, Deposit, NY 13754
Commercially zoned duplex with updated interiors, distinct living areas, and furnished spaces across two levels.
Property Size1,326 SF
Days on Market54
Property Features for 38 Oak Street
General Information
Standard status
Pending
Size
1,326 SF
Property subtype
Commercial
Zoning
C-1
Additional Details
Furnished
Yes
Highway Access
Yes
Building Details
Year Built
1950
Buildings
1
Listing Agency:
Keller Williams Upstate NY Properties
Listed By:
Jami Brown · License #OD2960
(515) 708-1518
Source:
716realtygroup
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 5:14AM
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 Keller Williams Upstate NY Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1950-built duplex is fully furnished and arranged with separate entrances for the upper and lower levels. The upper floor includes three bedrooms, one full bathroom, and one-half bathroom, along with a walk-up attic for storage. The lower level offers one bedroom and one full bathroom, plus a shared laundry area with an individual washer and dryer for each unit. Recent work includes kitchen and bathroom updates, HVAC, electrical and plumbing systems, flooring, and appliances.
The property carries C-1 commercial zoning and is located at 38 Oak Street in Deposit, New York. Access to Route 17 is nearby via Exit 84, while the Delaware River and Catskills are within the surrounding recreational area. The property is also stated to be less than 2.5 hours from the George Washington Bridge.
The property carries C-1 commercial zoning and is located at 38 Oak Street in Deposit, New York. Access to Route 17 is nearby via Exit 84, while the Delaware River and Catskills are within the surrounding recreational area. The property is also stated to be less than 2.5 hours from the George Washington Bridge.
Key Highlights
- Duplex classification with separate entrances for each level
- Upper level includes 3 bedrooms, 1.5 bathrooms, and a walk‑up attic
- Lower level includes 1 bedroom and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,848
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,960
$237.0K
Cap Rate 7%
$169,257
$169.3K
Cap Rate 9%
$131,644
$131.6K
Market Conditions
NOI Build-Up for 1,326 SF
Gross rent
$18.3K $13.80/SF
− Vacancy
−$1.4K −$1.04/SF
EGI
$16.9K $12.77/SF
− OpEx
−$5.1K −$3.83/SF
NOI
$11.8K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,960
Cap Rate 7%
$169,257
Cap Rate 9%
$131,644
Alternative Uses
Best Use
Multifamily LT 5
$169.3K
$148.1K – $197.5K
NOI $11,848 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$157.8K
$138.1K – $184.1K
NOI $11,047 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$329.0K
$287.9K – $383.8K
NOI $23,028 @ 7.0% cap · market cap 11.52%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,301
Businesses Nearby
Explore this area
Business Placement
Demographics for 13754, NY
2,912
Population
1,990
Households
1.5
Avg Household Size
47
Median Age
14%
College-Educated
94%
High-School Grad
77.9 sq mi
ZIP Area
37
Density / Sq Mi
$59,583
Median Household Income
$37,500
Median Earnings
$753
Median Rent
$126,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Commercially zoned duplex with updated interiors, distinct living areas, and furnished spaces across two levels.
Where is this duplex located?
The property is located at 38 Oak Street Deposit, NY.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex classification with separate entrances for each level; Upper level includes 3 bedrooms, 1.5 bathrooms, and a walk‑up attic; Lower level includes 1 bedroom and 1 full bathroom
