Multifamily
63 Maple Street, Hornell, NY 14843
For Sale
New
Contact for pricing
A 4,248-square-foot multifamily property built in 1900.
Property Size4,248 SF
Days on Market3
Property Features for 63 Maple Street
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Schultz Realty
Listed By:
Benjamin Schultz
(716) 553-8936
Source:
716realtygroup
Added: Nov 10
Last Checked: Nov 10 at 2:31PM
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 Schultz Realty
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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.
The multifamily property at 63 Maple Street in Hornell, New York, contains 4,248 square feet and dates to 1900.
Key Highlights
- 4,248‑square‑foot multifamily property
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,495
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,900
$529.9K
Cap Rate 7%
$378,500
$378.5K
Cap Rate 9%
$294,389
$294.4K
Market Conditions
NOI Build-Up for 4,248 SF
Gross rent
$51.0K $12.00/SF
− Vacancy
−$2.8K −$0.66/SF
EGI
$48.2K $11.34/SF
− OpEx
−$21.7K −$5.10/SF
NOI
$26.5K $6.24/SF
Area
Steuben County, NY
Vacancy
5.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$529,900
Cap Rate 7%
$378,500
Cap Rate 9%
$294,389
Alternative Uses
Best Use
Apartment 5plus
$378.5K
$331.2K – $441.6K
NOI $26,495 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$906.2K – $1.21M
NOI $72,492 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
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Business Placement
Demographics for 14843, NY
12,637
Population
6,353
Households
2
Avg Household Size
42
Median Age
21%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
132
Density / Sq Mi
$56,004
Median Household Income
$36,286
Median Earnings
$766
Median Rent
$104,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Steuben County, NY
Properties on Market for Multifamily properties in Steuben County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A 4,248-square-foot multifamily property built in 1900.
Where is this multifamily property located?
The property is located at 63 Maple Street Hornell, NY.
What are key features of this property?
This property features: 4,248‑square‑foot multifamily property; Built in 1900
