5-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 Market188
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 1, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2
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
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6600
Utilities
Heating system
Baseboard, Natural Gas, Electric (Heating), Forced Air
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Flooring type
Laminate, Linoleum
Building materials
Vinyl Siding
Roof type
Asphalt
Buildings
1
Listing Agency:
AXIS REALTY CNY LLC
(315) 601-8556
Listed By:
Tabatha Trevor
(315) 795-7049
Added: Apr 21
Changed: Oct 24
Last Checked: Oct 25 at 9:06AM
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.
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Investment Insights
Based on property information with market context.
Built in 1930, this five-unit apartment property sits on a 0.115-acre parcel. Exterior features include vinyl siding, an asphalt roof, and a porch. Interior flooring consists of laminate and linoleum, and the property is served by public water.
All five units are occupied. Driveway parking provides off-street spaces for residents.
All five units are occupied. Driveway parking provides off-street spaces for residents.
Key Highlights
- Five apartment units with 100% occupancy
- 0.115‑acre parcel
- Driveway parking
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Every residence is occupied, with driveway parking available on site.
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 apartment units with 100% occupancy; 0.115‑acre parcel; Driveway parking
