Five-Unit Apartment
For Sale
$399,999
516 Steuben rd, Herkimer, NY 13350
Business Opportunity, Herkimer, NY
Property SizeContact for details
Lot Size0.12 Acres
Days on Market148
Property Features for 516 Steuben rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Family
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1
Parking features
Driveway
Patio and Porch features
Porch
High school district
Herkimer
Directions
West German St Herkimer , make left at stop sign to go up to Steuben Hill Rd., Property is located on the right hand side, yellow house
Standard status
Active
APN
113.73-3-19
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6600
Utilities
Heating system
Baseboard, Forced Air, Natural Gas, Electric (Heating)
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Flooring type
Linoleum, Laminate
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
AXIS REALTY CNY LLC
(315) 601-8556
Listed By:
Tabatha Trevor
(315) 795-7049
Added: Apr 21
Changed: Sep 15
Last Checked: Sep 15 at 12:06PM
MLS# 11690577
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This five-unit apartment building at 516 Steuben Rd in Herkimer, NY, sits on 0.115 acres and was built in 1930. The property is reported as 100% occupied and includes five bathrooms, vinyl siding, an asphalt roof, linoleum and laminate flooring, and a porch. Heating systems include forced air, electric heating, natural gas, and baseboard units.
A driveway provides off-street parking, while public water serves the property. The five-unit configuration supports multifamily use, with the building’s existing occupancy and residential improvements providing a defined operating profile.
A driveway provides off-street parking, while public water serves the property. The five-unit configuration supports multifamily use, with the building’s existing occupancy and residential improvements providing a defined operating profile.
Key Highlights
- Five‑unit apartment building with 100% occupancy
- 0.115‑acre property at 516 Steuben Rd, Herkimer, NY 13350
- Built in 1930 with vinyl siding and an asphalt roof
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 13350, NY
9,513
Population
4,709
Households
2
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
31.6 sq mi
ZIP Area
301
Density / Sq Mi
$62,548
Median Household Income
$37,975
Median Earnings
$821
Median Rent
$136,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Occupied multifamily property with off-street driveway parking and a porch in Herkimer.
Where is this apartment building located?
The property is located at 516 Steuben rd Herkimer, NY.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Five‑unit apartment building with 100% occupancy; 0.115‑acre property at 516 Steuben Rd, Herkimer, NY 13350; Built in 1930 with vinyl siding and an asphalt roof
