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Croghan Multifamily Property with Expansion
For Sale
$279,900

9768 State Route 812, Croghan, NY 13327

Five-unit property in Croghan, NY with expansion potential.

Property Size6,069 SF
Lot Size0.12 Acres
Days on Market163

Property Features for 9768 State Route 812

General Information

Standard status Active
Size 6,069 SF
Lot size 0.12 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $2,876

Building Details

Building Size 6,069 SF
Year Built 1912
Stories 3
Units 5
Listing Agency:
Listed By: Vanessa Franco
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 21 at 11:51AM

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 Vanessa Franco

Investment Insights

Based on property information with market context.

Located in the village of Croghan, NY, this multifamily residence, constructed in 1912, features five units and expansion potential. The property includes one 3-bedroom apartment, one 2-bedroom apartment, and three 1-bedroom apartments. Two of the 1-bedroom units are currently operated as short-term rentals. All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards. The common area has been renovated with new floors and coin-operated laundry. An unfinished third floor offers space for up to four additional 1-bedroom units, presenting a development opportunity.

Key Highlights

  • Five updated units provide immediate income, including two operating as short‑term rentals.
  • Unfinished 3rd floor offers potential to add up to four additional 1‑bedroom units.
  • All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Plumbing Service Building Supply Auto Parts Store Bakery (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby

Demographics for 13327, NY

2,234
Population
1,224
Households
1.8
Avg Household Size
42
Median Age
22%
College-Educated
92%
High-School Grad
140.1 sq mi
ZIP Area
16
Density / Sq Mi
$61,250
Median Household Income
$47,177
Median Earnings
$793
Median Rent
$158,700
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 - Five-unit property in Croghan, NY with expansion potential.
Where is this apartment building located?
The property is located at 9768 State Route 812 Croghan, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Five updated units provide immediate income, including two operating as short‑term rentals.; Unfinished 3rd floor offers potential to add up to four additional 1‑bedroom units.; All apartments feature new flooring, kitchens, appliances, bathrooms, and cupboards.
More about this property
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