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Fully Leased Multifamily Housing
For Sale
$1,200,000

70 Tompkins St, Cortland, NY 13045

Renovated interiors, upgraded building systems, and established fraternity tenancy support ongoing student housing use.

Property Size6,782 SF
Price / SF$176.94
Days on Market26

Property Features for 70 Tompkins St

General Information

Standard status Active
Size 6,782 SF
Total Parking Spaces 28
Property subtype Multi-Family
Occupancy 100%

Building Details

Year Built 1900
Tenancy Single
Listing Agency: Hage Real Estate
Listed By: Jason Hage
Source: Skinnercnyrealty
Added: Aug 6 Changed: Aug 30 Last Checked: Aug 30 at 8:12PM

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 Hage Real Estate

Investment Insights

Based on property information with market context.

This multifamily property at 70 Tompkins St includes 20 bedrooms, 7 bathrooms, and 28 on-site parking spaces. The building has undergone broad renovations, including updated kitchens, new flooring, interior and exterior painting, a new boiler, a new hot water heater, electrical upgrades, and improvements across the first, second, and third floors. Four bathrooms have also been fully renovated.

The property is leased for the 2026–2027 academic year and currently houses a SUNY Cortland fraternity. The tenancy has continued with the same organization over multiple years. Its setting provides a short walk to both SUNY Cortland and downtown Cortland, placing the property within an established off-campus student housing area.

Originally built in 1900, the building combines a substantial bedroom count with dedicated on-site parking and recently completed capital improvements.

Key Highlights

  • 20 bedrooms, 7 bathrooms, and 28 on‑site parking spaces
  • 100% leased for the 2026‑2027 academic year
  • Current housing for a SUNY Cortland fraternity with repeat tenancy history

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Carpet & Flooring Store Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

911
Businesses Nearby

Demographics for 13045, NY

28,406
Population
12,420
Households
2.3
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
107.9 sq mi
ZIP Area
263
Density / Sq Mi
$67,028
Median Household Income
$33,869
Median Earnings
$905
Median Rent
$162,700
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?
Multifamily property - Renovated interiors, upgraded building systems, and established fraternity tenancy support ongoing student housing use.
Where is this multifamily property located?
The property is located at 70 Tompkins St Cortland, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 20 bedrooms, 7 bathrooms, and 28 on‑site parking spaces; 100% leased for the 2026‑2027 academic year; Current housing for a SUNY Cortland fraternity with repeat tenancy history
More about this property
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