Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    101 Hooper Rd Endicott, NY 13760

    • Commercial real estate
    • 26,042 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2695917
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taurean Tactical / Self Defense School
    • Casey lyons / Marketing Consultant

    Property Details for 101 Hooper Rd

    Year built
    1960
    Lot size
    0.73 lot acres
    Property size
    26,042 SF
    Property type
    Commercial real estate

    Description

    This exceptional 20-unit apartment building, located at 101 Hooper Rd, Endicott, NY 13760, presents a compelling investment opportunity. The property, a Class B multifamily building constructed in 1960 and extensively renovated in 2022, boasts 26,042 square feet on a 0.73-acre lot. The building comprises nine three-bedroom units and eleven two-bedroom units, offering a diverse mix of housing options. Sixteen drive-in garages provide ample parking, with four units benefitting from additional basement storage. Eighteen units feature updated kitchens, bathrooms, and flooring, reflecting recent renovations. Each unit includes its own furnace and water heater for enhanced convenience and separately metered utilities. The property enjoys a prime location directly on Hooper Rd, within the highly desirable Maine Endwell School District, offering easy access to major roadways including the George F Highway and I-86 interchange. With a strong NOI of $182,415 and a 6.51% cap rate, this property offers a significant return on investment. The asking price is $2,799,999, translating to $107.52 per square foot. The property is zoned for multi-residential use, allowing for up to 20 units. Recent improvements include a new roof and new garage doors, further enhancing the property's value and appeal. High daily traffic counts on Hooper Rd (15,357) and Watson Blvd (7,351) underscore the strategic location and potential for strong rental demand.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.0178836
    Latitude
    42.1111787

    Comparable in this City

    • $299,000
      4,852 SF

      Endicott Multifamily Investment Opportunity

      Six-unit property in a rapidly developing area of Endicott, NY.
      1104 Monroe St, Endicott, NY 13760
      View Details
    • $340,000
      4,176 SF

      Endicott Multifamily Investment Opportunity

      Six-unit multifamily building in Endicott, NY, built in 1971.
      322 W Franklin St, Endicott, NY 13760
      View Details
    • $275,000
      11,616 SF

      ENDICOTT Multifamily Investment Opportunity

      Seven-unit building with renovation and income potential in ENDICOTT, NY.
      24 Lincoln Ave, Endicott, NY 13760
      View Details
    • $395,000

      Mixed-Use Building with Retail Space

      8,500+ sq ft mixed-use building with retail and apartments.
      101 W Main St, Endicott, NY 13760
      View Details
    • $345,000
      4,086 SF

      Renovated Multifamily Investment Opportunity

      Stabilized five-unit property in Endicott's growing market.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • $374,999
      4,086 SF

      Endicott Multifamily Investment

      5-Unit Apartment Building, High ROI
      105 Madison Ave, Endicott, NY 13760
      View Details

    Similar Nearby for Sale

    • $395,000

      Mixed-Use Building with Retail Space

      8,500+ sq ft mixed-use building with retail and apartments.
      101 W Main St, Endicott, NY 13760
      View Details
    • $345,000
      4,086 SF

      Renovated Multifamily Investment Opportunity

      Stabilized five-unit property in Endicott's growing market.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • $299,000
      4,852 SF

      Endicott Multifamily Investment Opportunity

      Six-unit property in a rapidly developing area of Endicott, NY.
      1104 Monroe St, Endicott, NY 13760
      View Details
    • $340,000
      4,176 SF

      Endicott Multifamily Investment Opportunity

      Six-unit multifamily building in Endicott, NY, built in 1971.
      322 W Franklin St, Endicott, NY 13760
      View Details
    • $275,000
      11,616 SF

      ENDICOTT Multifamily Investment Opportunity

      Seven-unit building with renovation and income potential in ENDICOTT, NY.
      24 Lincoln Ave, Endicott, NY 13760
      View Details
    • $374,999
      4,086 SF

      Endicott Multifamily Investment

      5-Unit Apartment Building, High ROI
      105 Madison Ave, Endicott, NY 13760
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo

      Renovated Apartment in Maine Endwell

      Renovated two-bedroom apartment with modern appliances and off-street parking.
      3312 Lawndale St, Endwell, NY 13760
      View Details
    • $1,300 /Mo

      Endicott Commercial Space For Rent

      Commercial space available in downtown Endicott.
      53 Washington Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      8,791 SF

      Endicott Industrial/Office Space

      8,791 SF Single-Tenant Warehouse/Office
      1060 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing
      115,626 SF

      Endicott Warehouse Space Available

      Large industrial warehouse, multiple units available.
      22 Adams Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      362,258 SF

      Endicott Industrial Space For Lease

      Large Manufacturing Space Available in NY
      1701 North St, Endicott, NY 13760
      View Details
    • $379,000
      800 SF

      Prime Retail Space Near Huron Campus

      Retail space near Huron Campus with high foot traffic.
      100 Garfield Ave, Endicott, NY 13760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Hooper Rd
    Endicott, NY 13760
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.