Building Details

Year Built 1977

Stories 1

Listing Agency: BRUCE WARD & COMPANY

Listed By: K Bruce Ward Show Phone

Source: Crystinandcorealty

Added: Oct 8 Changed: Oct 23 Last Checked: Oct 23 at 3:37PM

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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 BRUCE WARD & COMPANY

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Investment Insights

Based on property information with market context.

Built in 1977, this three-unit property occupies Three and Three Tenths Acres overlooking West Canada Creek. Renovation is needed. Previous uses included a cafe and gift shop.

The property adjoins a New York State fishing site on the 76-mile river and fronts State Route 28, a route described as a gateway to the Adirondacks. Herkimer diamond mines are a few minutes away.

Key Highlights

• Three‑unit building on Three and Three Tenths Acres overlooking West Canada Creek
• Adjoins a New York State fishing site on the 76‑mile river
• Located on State Route 28, described as a gateway road to the Adirondacks

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Building Supply Hair Salon Nail Salon Pet Store Spa & Massage Center

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

3

Residential units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Explore this area Business Placement

Demographics for 13416, NY

2,099

Population

973

Households

2.2

Avg Household Size

44

Median Age

18%

College-Educated

92%

High-School Grad

50.3 sq mi

ZIP Area

42

Density / Sq Mi

$83,125

Median Household Income

$46,607

Median Earnings

$738

Median Rent

$160,000

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?

Triplex - The property adjoins a New York State fishing site and sits along State Route 28.

Where is this triplex located?

The property is located at 5387 State Rt 28 Newport, NY.

What is the asking price?

The asking price for this property is $145,000.

What are key features of this property?

This property features: Three‑unit building on Three and Three Tenths Acres overlooking West Canada Creek; Adjoins a New York State fishing site on the 76‑mile river; Located on State Route 28, described as a gateway road to the Adirondacks