Mixed-Use Building with
New
For Sale
$1,250,000
9-15 Elm, Oneonta, NY 13820
CommercialSale, Oneonta, NY
Property Size13,188 SF
Lot Size0.34 Acres
Price / SF$94.78
Days on Market2
Property Features for 9-15 Elm
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm-1
Zoning description
Commercial
Parking
15
Lot features
Rectangular, Rectangular Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Subdivision
Oneonta-City-361200
Standard status
Active
APN
300.6-1-33
Size
13,188 SF
Lot size
0.34 Acres
Site & Location
Corner Location
Yes
Mixed-Use Components
residential, commercial
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
21017
Utilities
Sewer type
Public Sewer
Heating system
Other (Heating), Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1988
Floors in Building
2
Number of units
8
Roof type
Flat
Buildings
1
Listing Agency:
Keller Williams Upstate NY Properties · Keller Williams Realty
(607) 431-2540
Listed By:
Anthony Heath · License #10401359601
(607) 267-3166
Added: Nov 5
Last Checked: Nov 6 at 4:06AM
MLS# R1727387
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.
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Investment Insights
Based on property information with market context.
The 13,188-square-foot mixed-use property contains six apartments and two commercial spaces. Built in 1988, it sits on a 0.34-acre parcel and has more than 15 parking spaces. Heating includes forced air and natural gas; the property is served by public water and public sewer.
Located at 9-15 Elm in Oneonta, the building occupies the corner of Main Street and Elm Street. Public transit is nearby, and on-site parking serves residential and commercial occupants.
Located at 9-15 Elm in Oneonta, the building occupies the corner of Main Street and Elm Street. Public transit is nearby, and on-site parking serves residential and commercial occupants.
Key Highlights
- Six apartments and two commercial spaces in one mixed‑use property
- 13,188 square feet on a 0.34‑acre parcel
- More than 15 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,153
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,263,060
$2.3M
Cap Rate 7%
$1,616,471
$1.6M
Cap Rate 9%
$1,257,256
$1.3M
Market Conditions
NOI Build-Up for 13,188 SF
Gross rent
$205.7K $15.60/SF
− Vacancy
−$24.7K −$1.87/SF
EGI
$181.0K $13.73/SF
− OpEx
−$67.9K −$5.15/SF
NOI
$113.2K $8.58/SF
Area
Otsego County, NY
Vacancy
12.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,263,060
Cap Rate 7%
$1,616,471
Cap Rate 9%
$1,257,256
Alternative Uses
Best Use
Retail
$1.82M
$1.59M – $2.12M
NOI $127,352 @ 7.0% cap · market cap 10.19%
Second Best
Mixed Use
$1.62M
$1.41M – $1.89M
NOI $113,153 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$3.64M
$3.18M – $4.24M
NOI $254,476 @ 7.0% cap · market cap 20.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
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Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six apartments and two commercial spaces provide a combination of residential and storefront occupancy.
Where is this mixed-use property located?
The property is located at 9-15 Elm Oneonta, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Six apartments and two commercial spaces in one mixed‑use property; 13,188 square feet on a 0.34‑acre parcel; More than 15 parking spaces
