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8-Unit Apartment Building
New
For Sale
$150,000

5261 E Seneca Street, Sherrill, NY 13461

Commercially zoned multifamily property offered as-is with a varied unit mix and renovation requirements.

Property Size4,312 SF
Price / SF$34.79
Days on Market4

Property Features for 5261 E Seneca Street

General Information

Standard status Active
Size 4,312 SF
Property subtype Multi-Family
Zoning Commercial

Units

Unit Mix 2 x 2BR/1BA, 4 x 1BR/1BA, 2 x studio
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $3,800

Building Details

Year Built 1950
Listing Agency: New Scotland Realty
Listed By: Samantha M Curry · License #10491209794
Source: Capmarkrealty
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 1:37PM

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 New Scotland Realty

Investment Insights

Based on property information with market context.

Constructed in 1950, this 4,312-square-foot apartment property contains eight units: two two-bedroom, one-bath residences, four one-bedroom, one-bath residences, and two studios. The building is offered in its current condition and requires a full renovation. Three units are occupied, while five are vacant, allowing improvements to be undertaken within the unoccupied units as work progresses.

The property is located at 5261 E Seneca Street in Sherrill, New York, with Commercial zoning. Turning Stone Resort Casino is approximately seven minutes away, and Vernon Downs Racino is approximately nine minutes away. Shopping, dining, and major roadways are also identified in the surrounding area.

Key Highlights

  • Eight‑unit apartment property totaling 4,312 SF
  • Unit mix includes two 2‑bedroom/1‑bath, four 1‑bedroom/1‑bath, and two studio units
  • Three units occupied; five units vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Big Box & Wholesale Store Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 13461, NY

3,111
Population
1,428
Households
2.2
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
1,244
Density / Sq Mi
$88,103
Median Household Income
$54,688
Median Earnings
$1,115
Median Rent
$207,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Commercially zoned multifamily property offered as-is with a varied unit mix and renovation requirements.
Where is this apartment building located?
The property is located at 5261 E Seneca Street Sherrill, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Eight‑unit apartment property totaling 4,312 SF; Unit mix includes two 2‑bedroom/1‑bath, four 1‑bedroom/1‑bath, and two studio units; Three units occupied; five units vacant
More about this property
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