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Remodeled Multifamily Income Property
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8385 GENEVA ST, Interlaken, NY 14847

Clean, well-maintained building with six 2-bedroom units, hardwood floors, in-unit washers and dryers, and tenant-paid utilities.

Property Size6,504 SF
Price / SF$91.48
Days on Market84

Property Features for 8385 GENEVA ST

General Information

Standard status Active
Size 6,504 SF
Property subtype Multifamily
Net Operating Income $52,000

Additional Details

Multifamily Units 6

Amenities

hardwood floors
in unit washer and dryer
modern kitchens
modern baths

Building Details

Year Built 1950
Year Renovated 2016
Buildings 1
Tenancy Multi
Listing Agency: Howard Hanna Real Estate Services
Listed By: Richard Patterson · License #30PA0967502
Source: Crexi
Added: Jun 16 Changed: Aug 28 Last Checked: Sep 6 at 12:35AM

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 Howard Hanna Real Estate Services

Investment Insights

Based on property information with market context.

This remodeled multifamily property is currently set up with six 2-bedroom apartments. The building is described as clean and well maintained, with apartments featuring hardwood floors, in-unit washers and dryers, and modern kitchens and baths. Tenants pay all utilities.

The property is located at 8385 Geneva St in Interlaken, NY within the Finger Lakes region, with access to multiple area attractions and nearby communities.

According to the remarks, the building includes room for expansion, offering potential for additional income.

Key Highlights

  • 1950‑built apartment building, completely remodeled in 2016
  • Set up with six 2‑bedroom apartments
  • Tenants pay all utilities

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Garden Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby

Demographics for 14847, NY

2,443
Population
1,253
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
90%
High-School Grad
40.4 sq mi
ZIP Area
60
Density / Sq Mi
$72,981
Median Household Income
$36,728
Median Earnings
$1,125
Median Rent
$202,000
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 - Clean, well-maintained building with six 2-bedroom units, hardwood floors, in-unit washers and dryers, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 8385 GENEVA ST Interlaken, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 1950‑built apartment building, completely remodeled in 2016; Set up with six 2‑bedroom apartments; Tenants pay all utilities
(607) 257-0800 Call to check price and availability
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