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Three-Unit Apartment Building
New
For Sale
$210,000

502 Oak Hill Avenue, Endicott, NY 13760

Residential, Endicott, NY

Property Size1,960 SF
Lot Size0.11 Acres
Price / SF$107.14
Days on Market2

Property Features for 502 Oak Hill Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 5, Basement
Appliances GasWaterHeater
Subdivision Irvington
Lot features Rectangular, Rectangular Lot, Residential Lot
Elementary school district Union-Endicott
Middle school district Union-Endicott
High school district Union-Endicott
Directions FROM Exit 67 of State Route 17, take McKinley Street north to Pine Street. Turn left onto Pine Street and go Oak Hill Avenue, turn right. Go to the property on the right.
Standard status Active
APN 034601-141-014-0003-028-000-0000
Size 1,960 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 3444

Utilities

Heating system Steam, Other (Heating), Natural Gas
Water source Public

Building Details

Year built 1915
Floors in Building 2
Number of units 3
Flooring type Varies, Laminate
Building materials Frame
Roof type Asphalt
Buildings 1
Listing Agency: SVR Realty LLC
Listed By: Philip Henry · License #30HE0952053
Added: Nov 1 Last Checked: Nov 2 at 6:06AM
MLS# S1724481

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.

Rey
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Investment Insights

Based on property information with market context.

This three-unit apartment building contains one three-bedroom residence and two two-bedroom residences. The 1,960-square-foot building was constructed in 1915 and has a frame structure with varied flooring, including laminate. Heating is provided by natural gas and steam, and the property has a gas water heater.

The 0.1084-acre property is located at 502 Oak Hill Avenue in Endicott, New York. Public water serves the building, and the roof is asphalt.

Key Highlights

  • Three apartments: one 3‑bedroom unit and two 2‑bedroom units
  • 1,960 square feet on a 0.1084‑acre lot
  • Built in 1915

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,514
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,280 $350.3K
Cap Rate 7%
$250,200 $250.2K
Cap Rate 9%
$194,600 $194.6K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$27.0K $13.80/SF
− Vacancy
−$2.0K −$1.04/SF
EGI
$25.0K $12.77/SF
− OpEx
−$7.5K −$3.83/SF
NOI
$17.5K $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%
$350,280
Cap Rate 7%
$250,200
Cap Rate 9%
$194,600

Alternative Uses

Best Use
Multifamily LT 5
$250.2K
$218.9K – $291.9K (±1% cap)
NOI $17,514 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$233.3K
$204.1K – $272.1K (±1% cap)
NOI $16,328 @ 7.0% cap · market cap 7.78%
Theoretical Best
Office A
$486.3K
$425.5K – $567.3K (±1% cap)
NOI $34,038 @ 7.0% cap · market cap 16.21%
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

3
Residential units

Location Intelligence

Trade Area within ½ mile

181
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?
Triplex - The residential income property has a mix of two- and three-bedroom apartments.
Where is this triplex located?
The property is located at 502 Oak Hill Avenue Endicott, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom unit and two 2‑bedroom units; 1,960 square feet on a 0.1084‑acre lot; Built in 1915
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