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Two-Unit Duplex with Fenced Lot
New
For Sale
$225,000

408 Squires Avenue, Endicott, NY 13760

Both residences are occupied, and the property includes a double lot.

Property Size1,820 SF
Price / SF$123.63
Days on Market6

Property Features for 408 Squires Avenue

General Information

Standard status Active
Size 1,820 SF
Property subtype Residential Income
Zoning 220, 220
Occupancy 100%

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,690

Building Details

Building Size 1,820 SF
Year Built 1935
Units 2
Listing Agency: EXIT REALTY HOMEWARD BOUND
Listed By: Muhammad M Islam · License #10401357730
Source: Gehlcorealty
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 23 at 6:06PM

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 EXIT REALTY HOMEWARD BOUND

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Investment Insights

Based on property information with market context.

This 1,820-square-foot duplex at 408 Squires Avenue in Endicott contains two occupied units. The property occupies a double lot enclosed by fencing. A furnace, hot water tank, and water pipes were installed in March 2026. The home was built in 1935.

Key Highlights

  • Two occupied residential units
  • 1,820‑square‑foot building on a double lot
  • Fully fenced property at 408 Squires Avenue in Endicott

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,263
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,260 $325.3K
Cap Rate 7%
$232,329 $232.3K
Cap Rate 9%
$180,700 $180.7K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$25.1K $13.80/SF
− Vacancy
−$1.9K −$1.04/SF
EGI
$23.2K $12.77/SF
− OpEx
−$7.0K −$3.83/SF
NOI
$16.3K $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%
$325,260
Cap Rate 7%
$232,329
Cap Rate 9%
$180,700

Alternative Uses

Best Use
Multifamily LT 5
$232.3K
$203.3K – $271.1K (±1% cap)
NOI $16,263 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$216.6K
$189.5K – $252.7K (±1% cap)
NOI $15,162 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$451.5K
$395.1K – $526.8K (±1% cap)
NOI $31,607 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 13760, NY

44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
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?
Duplex - Both residences are occupied, and the property includes a double lot.
Where is this duplex located?
The property is located at 408 Squires Avenue Endicott, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two occupied residential units; 1,820‑square‑foot building on a double lot; Fully fenced property at 408 Squires Avenue in Endicott
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