Three-Unit Residential
96 West Ave, Ogden, NY 14559
For Sale
$299,900
Pending
Separate utilities, laundry connections, and off-street parking serve the property's three residences.
Property Size2,904 SF
Days on Market47
Property Features for 96 West Ave
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
off-street parking
front porches
laundry hook-ups
Building Details
Building Size
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
High Falls Sotheby's International Realty
Listed By:
Robert Piazza Palotto · License NY #10311210084
(585) 623-1500
Source:
Elliman
Added: Sep 24
Changed: Oct 29
Last Checked: Nov 8 at 7:29AM
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 High Falls Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1850, this Spencerport property contains three separate residences: one with two bedrooms and one bathroom, plus two with one bedroom and one bathroom each. The two smaller units are rented, while the two-bedroom residence is owner-occupied. Updates include refreshed kitchens and bathrooms, newer mechanical systems, and partial roof replacement. Separate utilities, laundry hookups, off-street parking, and two front porches are among the property’s features.
At 96 West Ave, the property is in the Village of Spencerport and served by Spencerport schools. Village amenities are accessible nearby.
At 96 West Ave, the property is in the Village of Spencerport and served by Spencerport schools. Village amenities are accessible nearby.
Key Highlights
- Three units: one 2‑bedroom, 1‑bath residence and two 1‑bedroom, 1‑bath residences
- Built in 1850
- Two units are rented to long‑term tenants; the 2‑bedroom residence is owner‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,071
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,420
$541.4K
Cap Rate 7%
$386,729
$386.7K
Cap Rate 9%
$300,789
$300.8K
Market Conditions
NOI Build-Up for 2,904 SF
Gross rent
$40.1K $13.80/SF
− Vacancy
−$1.4K −$0.48/SF
EGI
$38.7K $13.32/SF
− OpEx
−$11.6K −$4.00/SF
NOI
$27.1K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,420
Cap Rate 7%
$386,729
Cap Rate 9%
$300,789
Alternative Uses
Best Use
Multifamily LT 5
$386.7K
$338.4K – $451.2K
NOI $27,071 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$349.3K
$305.7K – $407.5K
NOI $24,452 @ 7.0% cap · market cap 8.15%
Theoretical Best
Specialty Retail
$557.5K
$487.8K – $650.4K
NOI $39,024 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Explore this area
Business Placement
Demographics for 14559, NY
17,964
Population
7,412
Households
2.4
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
43.7 sq mi
ZIP Area
411
Density / Sq Mi
$91,021
Median Household Income
$50,216
Median Earnings
$1,150
Median Rent
$218,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Monroe County, NY
Properties on Market for Triplexes in Monroe County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Separate utilities, laundry connections, and off-street parking serve the property's three residences.
Where is this triplex located?
The property is located at 96 West Ave Ogden, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three units: one 2‑bedroom, 1‑bath residence and two 1‑bedroom, 1‑bath residences; Built in 1850; Two units are rented to long‑term tenants; the 2‑bedroom residence is owner‑occupied
