Building Details

Year Renovated 2016

Tenancy Multi

Listing Agency: Howard Hanna S Tier Inc Show Phone

Listed By: Joseph G Giordano Show Phone

Source: Nicholcityrealty

Added: Jun 17 Changed: Sep 8 Last Checked: Sep 8 at 3:46AM

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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

Property Profile

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

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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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 Street 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