6762 North Lakeshore Road, Verona, NY 13162

Building Details

Building Size 1,920 SF More

Year Built 1995 More

Buildings 1 More

Listing Agency: Trenca & Co Realty, LLC

Listed By: Misty Mason · License #10401380922 Show Phone

Source: Griffith-realty

Added: Oct 28 Changed: Nov 7 Last Checked: Nov 8 at 11:56AM

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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 Trenca & Co Realty, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Built in 1995, this duplex contains two residential units and offers views of Oneida Lake. Improvements include Anderson windows installed within the last five years, a new boiler installed within the past year, and replacement decks and stairs serving both units.

The property is minutes from Sylvan Beach Amusement Park and the canal.

Key Highlights

• Two residential units with views of Oneida Lake
• Anderson windows installed within the last five years
• New boiler installed within the past year

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,390

Cap Rate

6.44%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$347,800 $347.8K

Cap Rate 7%

$248,429 $248.4K

Cap Rate 9%

$193,222 $193.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,920 SF

Gross rent

$26.5K $13.80/SF

− Vacancy

−$1.7K −$0.86/SF

EGI

$24.8K $12.94/SF

− OpEx

−$7.5K −$3.88/SF

NOI

$17.4K $9.06/SF

Area

Oneida County, NY

Vacancy

6.24%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$347,800

Cap Rate 7%

$248,429

Cap Rate 9%

$193,222

Alternative Uses

Best Use

Multifamily LT 5

$248.4K

$217.4K – $289.8K (±1% cap)

NOI $17,390 @ 7.0% cap · market cap 6.44%

Second Best

Apartment 5plus

$228.3K

$199.8K – $266.4K (±1% cap)

NOI $15,983 @ 7.0% cap · market cap 5.92%

Theoretical Best

Office A

$506.0K

$442.7K – $590.3K (±1% cap)

NOI $35,417 @ 7.0% cap · market cap 13.12%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

65

Businesses Nearby

Explore this area Business Placement

Demographics for 13162, NY

251

Population

287

Households

0.9

Avg Household Size

53

Median Age

41%

College-Educated

100%

High-School Grad

1.8 sq mi

ZIP Area

139

Density / Sq Mi

$77,625

Median Earnings

$204,300

Median Home Value

Market

Average Price Trend$/SF for Duplexes in Oneida County, NY

$89.09 Jul

$79.01 Aug

$76.57 Sep

$81.7 Oct

Properties on Market for Duplexes in Oneida County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - A lake-view two-family property includes recently replaced windows and a boiler.

Where is this duplex located?

The property is located at 6762 North Lakeshore Road Verona, NY.

What is the asking price?

The asking price for this property is $269,900.

What are key features of this property?

This property features: Two residential units with views of Oneida Lake; Anderson windows installed within the last five years; New boiler installed within the past year