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Property profile

101 Hooper Rd Endicott, NY 13760

Commercial real estate
Property ID
US63-2695917
View Sample
Built 1960

Property summary

AI-generated overview

This exceptional 20-unit multifamily property in Endicott, NY, presents a compelling investment opportunity. Strategically located on Hooper Road, within the desirable Maine Endwell School District, this complex benefits from high daily traffic counts (15,357 on Hooper Rd and 7,351 on Watson Blvd). Its prime location offers easy access to major transportation arteries, including the George F Highway and I-86 interchange, and is just minutes from Maine Endwell High School. The property comprises nine three-bedroom units and eleven two-bedroom units, providing a diverse rental mix. Convenience is maximized with each unit featuring its own furnace and water heater. Furthermore, sixteen drive-in garages are available, with four units offering the added benefit of basement storage. Recent renovations (within the past two years) have significantly enhanced the property's value. Eighteen units have received brand new flooring, updated kitchens, and modernized bathrooms, ensuring a high standard of living for tenants. This meticulously maintained complex offers a strong potential for rental income and capital appreciation, making it an ideal addition to any investment portfolio. The property's central location and proximity to key transportation routes guarantee consistent tenant demand and long-term stability. This is a rare opportunity to acquire a well-maintained, high-traffic multifamily property in a rapidly developing area.

Property profile

Verified
Property type Commercial real estate
Year built 1960
UPID US63-2695917

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Sports School
  • Advertising Agency Marketing & Advertising

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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