Three-Unit Brick
For Sale
$375,000
Pending
5836-5840 Glendora Road #5836, Cicero, NY 13039
Each residence includes living areas, while the basement provides laundry facilities and additional storage.
Property Size3,248 SF
Days on Market57
Property Features for 5836-5840 Glendora Road #5836
General Information
Standard status
Pending
Size
3,248 SF
Property subtype
Multi-Family
Units
Unit Mix
3 x 3BR/1.5BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Amenities
laundry facilities
storage
Building Details
Year Built
1970
Construction
brickstone-style
Listing Agency:
Candy Costa Real Estate LLC
Listed By:
Candy Costa · License #COSTACA
(315) 447-0668
Source:
Cnynicheteam
Added: Aug 25
Changed: Oct 1
Last Checked: Oct 19 at 3:42AM
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 Candy Costa Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1970 triplex contains three residential units within a brickstone-style building totaling 3,248 square feet. Every unit is configured with three bedrooms and one-and-a-half baths, along with living areas suited to residential occupancy. A full basement adds laundry facilities and storage space for the property.
The property is located on Glendora Road in Cicero, with access to major highways, shopping, dining, Oneida Lake, and everyday amenities. The Micron chip plant is also nearby, providing an established point of reference within the surrounding area.
The property is located on Glendora Road in Cicero, with access to major highways, shopping, dining, Oneida Lake, and everyday amenities. The Micron chip plant is also nearby, providing an established point of reference within the surrounding area.
Key Highlights
- Three‑unit triplex with 3,248 square feet
- Each unit has 3 bedrooms and 1.5 baths
- Full basement with laundry facilities and additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,666
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,320
$613.3K
Cap Rate 7%
$438,086
$438.1K
Cap Rate 9%
$340,733
$340.7K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$59.6K $18.36/SF
− Vacancy
−$3.9K −$1.19/SF
EGI
$55.8K $17.17/SF
− OpEx
−$25.1K −$7.72/SF
NOI
$30.7K $9.44/SF
Area
Onondaga County, NY
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,320
Cap Rate 7%
$438,086
Cap Rate 9%
$340,733
Alternative Uses
Best Use
Multifamily LT 5
$493.7K
$432.0K – $576.0K
NOI $34,560 @ 7.0% cap · market cap 9.22%
Second Best
Apartment 5plus
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$564.5K
$493.9K – $658.5K
NOI $39,512 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 13039, NY
17,485
Population
7,241
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
96%
High-School Grad
23.6 sq mi
ZIP Area
741
Density / Sq Mi
$108,694
Median Household Income
$55,445
Median Earnings
$1,055
Median Rent
$228,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence includes living areas, while the basement provides laundry facilities and additional storage.
Where is this triplex located?
The property is located at 5836-5840 Glendora Road #5836 Cicero, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three‑unit triplex with 3,248 square feet; Each unit has 3 bedrooms and 1.5 baths; Full basement with laundry facilities and additional storage
