Building Details

Building Size 1,224 SF

Year Built 1970

Units 2

Listing Agency: Howard Hanna Real Estate b***@howardhanna.com Show Phone

Listed By: Robert McTague · License #40MC1108776 Show Phone

Source: Elliman

Added: Nov 27, 2025 Changed: Aug 14 Last Checked: Aug 20 at 9:37AM

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Investment Insights

Based on property information with market context.

This multifamily investment opportunity features two structures comprising five units, situated in the Village of Lacona. The property is currently generating a combined monthly income of $4,025, with all units leased. Most leases extend through July or August 2026. Updates to the property include a new roof and hot water tanks, both installed in 2018. The property is being sold with the adjacent property known as 20 Park Ave.

Key Highlights

• High cash flowing investment property with 5 units
• Currently generating $4,025 in monthly income
• Most units have leases in place through July/August 2026

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop

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

58

Businesses Nearby

Explore this area Business Placement

Demographics for 13083, NY

1,896

Population

931

Households

2

Avg Household Size

43

Median Age

22%

College-Educated

87%

High-School Grad

59.6 sq mi

ZIP Area

32

Density / Sq Mi

$60,625

Median Household Income

$36,929

Median Earnings

$1,021

Median Rent

$134,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - High cash flowing investment property with updates and long-term leases.

Where is this apartment building located?

The property is located at 4 Demott St Sandy Creek, NY.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: High cash flowing investment property with 5 units; Currently generating $4,025 in monthly income; Most units have leases in place through July/August 2026