Triplex with Converted
For Sale
$250,000
Pending
8 Clinton Street, New York Mills, NY 13417
MULTI_FAMILY - Other - New York Mills, NY
Property Size2,488 SF
Lot Size0.28 Acres
Days on Market65
Property Features for 8 Clinton Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential Multi Use
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Basement
Patio and Porch features
Deck
Exterior features
Deck
Fireplace
1
Appliances
ElectricWaterHeater, GasWaterHeater
Lot features
Rectangular, Rectangular Lot
Elementary school district
New York Mills
Middle school district
New York Mills
High school district
New York Mills
Directions
Burrstone Rd to Clinton St or Main St to Clinton St
Subdivision
New York Mills Village-New Hartford-304803
Standard status
Pending
APN
304803-317-013-0001-015-001-0000
Size
2,488 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Annual Amount
3553
Utilities
Heating system
Space Heater, Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1870
Floors in Building
2
Number of units
3
Flooring type
Carpet, Vinyl, Varies, Tile
Building materials
Stone, VinylSiding
Roof type
Shingle, Rubber, Asphalt, Membrane
Architectural style
Other
Listing Agency:
Coldwell Banker Faith Properties · Coldwell Banker Real Estate
(315) 735-2222
Listed By:
Vincent J. Scalise · License #10401318393
(315) 749-3566
Added: Jun 2
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# S1686825
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Triplex with three residential units, described as well maintained and currently occupied. The property includes a converted garage with electricity, formerly used as a furniture refinishing and retail shop. Interior finishes include vinyl, tile, carpet, and varied flooring, with heating provided by natural gas and forced air, plus space heaters. Appliances include electric and gas water heaters, and the home features a fireplace. Construction materials include stone and vinyl siding, and the property was built in 1870.
Located at 8 Clinton Street in New York Mills, NY (Oneida County). Public water service is provided. Exterior features include a deck.
Located at 8 Clinton Street in New York Mills, NY (Oneida County). Public water service is provided. Exterior features include a deck.
Key Highlights
- Three residential units, described as well maintained and occupied
- Converted garage with electricity, previously a furniture refinishing and retail shop
- Built in 1870 with stone and vinyl siding construction
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.3k | $13.80 |
| − Vacancy | −$2.1k | −$0.86 |
| EGI | $32.2k | $12.94 |
| − OpEx | −$9.7k | −$3.88 |
| NOI | $22.5k | $9.06 |
2,488 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.9K
$281.7K – $375.6K
NOI $22,534 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$295.9K
$258.9K – $345.2K
NOI $20,712 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$655.6K
$573.7K – $764.9K
NOI $45,895 @ 7.0% cap · market cap 18.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Explore this area
Business Placement
Demographics for 13417, NY
3,280
Population
1,869
Households
1.8
Avg Household Size
44
Median Age
36%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
2,343
Density / Sq Mi
$56,055
Median Household Income
$43,571
Median Earnings
$778
Median Rent
$160,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units in a well-maintained triplex with a converted garage that has electricity, plus a deck.
Where is this triplex located?
The property is located at 8 Clinton Street New York Mills, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three residential units, described as well maintained and occupied; Converted garage with electricity, previously a furniture refinishing and retail shop; Built in 1870 with stone and vinyl siding construction
