42-46 Jackson Ave, Endicott, NY 13760
Cash-flowing 7-unit property in Endicott with strong rental income.
- Added:
- Mar 5, 2026
- Days on Market:
- 118
- Last Refresh:
- Mar 16 at 2:38 pm
Property Features for 42-46 Jackson Ave
General Information
- Standard status
- Active
- Size
- 3,780 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing office EXIT REALTY HOMEWARD BOUND
Listing date Mar 5, 2026
Source Crexi
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
HighLights
- High Annual Rental Income: $73,500
- Seven Fully Rented Units with a mix of 1- and 2‑bedroom apartments and stable tenants.
- Prime Location near shopping, restaurants, bus lines, Binghamton University & UHS Hospitals.
- Well‑Maintained Building with recent updates, separate utilities, and off‑street parking.
- Solid Cap Rate with potential for increased rents and future value appreciation.
- Turnkey Investment ready for immediate cash flow.
Overview
Local Financial Insights For Apartment 5plus
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 | $61.2k | $16.20 |
| − Vacancy | −$4.0k | −$1.05 |
| EGI | $57.3k | $15.15 |
| − OpEx | −$25.8k | −$6.82 |
| NOI | $31.5k | $8.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Endicott
- County
- Broome
- State
- New York
- Longitude
- -76.0401994
- Latitude
- 42.1032417
