Updated Furnished
For Sale
$199,900
Pending
38 Oak Street, Deposit, NY 13754
Residential, Deposit, NY
Property Size1,336 SF
Lot Size0.13 Acres
Days on Market51
Property Features for 38 Oak Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Basement
Fireplace
1
Appliances
ElectricWaterHeater
Lot features
Irregular Lot
Elementary school district
Deposit
Middle school district
Deposit
High school district
Deposit
Directions
From NY-17 take Exit 84 toward Deposit. Follow NY-10 (Oak Street) towards village. House is between the Deposit Motel and Honey's 50's Cafe.
Subdivision
Deposit Village-123001
Standard status
Pending
APN
367.5-1-14
Size
1,336 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
4790
Utilities
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Amenities
laundry room
walk-up attic
Building Details
Year built
1950
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
FoamInsulation, VinylSiding
Listing Agency:
Keller Williams Upstate NY Properties · Keller Williams Realty
(607) 431-2540
Listed By:
Jami J. Brown · License #10401372309
(515) 708-1518
Added: Sep 6
Changed: Oct 22
Last Checked: Oct 26 at 12:06AM
MLS# R1712282
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.
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Investment Insights
Based on property information with market context.
This furnished duplex contains 1,336 square feet arranged across two independently accessed levels. The upper unit offers 3 bedrooms, 1.5 bathrooms, defined living areas, and a walk-up attic for storage. The lower unit includes 1 bedroom, 1 full bathroom, and a laundry room equipped with washers and dryers for both units. Recent work includes refreshed kitchens and bathrooms, new HVAC, electrical and plumbing systems, flooring, and appliances. The property also has central air, forced-air electric heating, vinyl siding, public water, and a fireplace.
Zoned Commercial (C-1), the property supports a range of residential and office configurations, including owner occupancy with a second unit. It is located at 38 Oak Street in Deposit, NY, just off Route 17 near Exit 84. The Delaware River and Catskills are accessible from the property, and the George Washington Bridge is less than 2.5 hours away.
Zoned Commercial (C-1), the property supports a range of residential and office configurations, including owner occupancy with a second unit. It is located at 38 Oak Street in Deposit, NY, just off Route 17 near Exit 84. The Delaware River and Catskills are accessible from the property, and the George Washington Bridge is less than 2.5 hours away.
Key Highlights
- Duplex totaling 1,336 square feet on a 0.13‑acre lot
- Upper level includes 3 bedrooms and 1.5 bathrooms
- Lower level provides 1 bedroom, 1 full bathroom, and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,938
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,760
$238.8K
Cap Rate 7%
$170,543
$170.5K
Cap Rate 9%
$132,644
$132.6K
Market Conditions
NOI Build-Up for 1,336 SF
Gross rent
$18.4K $13.80/SF
− Vacancy
−$1.4K −$1.04/SF
EGI
$17.1K $12.77/SF
− OpEx
−$5.1K −$3.83/SF
NOI
$11.9K $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%
$238,760
Cap Rate 7%
$170,543
Cap Rate 9%
$132,644
Alternative Uses
Best Use
Multifamily LT 5
$170.5K
$149.2K – $199.0K
NOI $11,938 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$331.5K
$290.0K – $386.7K
NOI $23,202 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
201
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level property with separate entrances, flexible occupancy options, and recent improvements throughout.
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 totaling 1,336 square feet on a 0.13‑acre lot; Upper level includes 3 bedrooms and 1.5 bathrooms; Lower level provides 1 bedroom, 1 full bathroom, and laundry
