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Updated 6-Unit Apartment Building
For Sale
$479,900

72 2nd Street, Geneseo, NY 14454

Most units have separate utilities, with shared water and garbage costs prorated among tenants.

Property Size8,856 SF
Price / SF$54.19
Days on Market50

Property Features for 72 2nd Street

General Information

Standard status Active
Size 8,856 SF
Property subtype MultiFamily

Additional Details

Gross Income $96,000
Utilities to Site Yes
Multifamily Units 6

Amenities

two covered porches
coin-operated laundry area
off-street parking
Listing Agency: Keller Williams Realty WNY
Listed By: Damian O'Meally · License #10401279028
Source: Nicholcityrealty
Added: Jul 10 Changed: Aug 28 Last Checked: Aug 28 at 10:34AM

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 Keller Williams Realty WNY

Investment Insights

Based on property information with market context.

This 8,856-square-foot apartment property contains six units and has received extensive updates. Improvements include newer furnaces, refreshed hot water tanks, new hardwood flooring, a newer roof, and updated appliances in select apartments. The basement includes a coin-operated laundry area, while two covered porches and off-street parking add functional amenities.

Utilities are separated by unit except for Unit 1, which includes all utilities. Water and garbage costs are fairly prorated across tenants. The property is located minutes from SUNY Geneseo and local amenities in Geneseo, New York.

Key Highlights

  • Six‑unit apartment property totaling 8,856 square feet
  • Newer furnaces, hot water tanks, hardwood floors, and roof
  • Two covered porches plus off‑street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store Nail Salon Bakery HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 14454, NY

10,759
Population
3,937
Households
2.7
Avg Household Size
28
Median Age
50%
College-Educated
95%
High-School Grad
47.6 sq mi
ZIP Area
226
Density / Sq Mi
$66,629
Median Household Income
$12,055
Median Earnings
$1,000
Median Rent
$217,900
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?
Apartment building - Most units have separate utilities, with shared water and garbage costs prorated among tenants.
Where is this apartment building located?
The property is located at 72 2nd Street Geneseo, NY.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Six‑unit apartment property totaling 8,856 square feet; Newer furnaces, hot water tanks, hardwood floors, and roof; Two covered porches plus off‑street parking
More about this property
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