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    OFF-MARKET
    Apartment buildings

    105 Madison Ave, Endicott, NY 13760

    4,086 SF Built 1980
    Property ID
    US63-5532325
    Property summary
    AI-generated overview

    105 Madison Avenue is a renovated, fully stabilized five-unit multifamily asset offering consistent in-place income within a market seeing renewed investment. The property consists of a three-story, 4,086 square foot building situated on a 0.16-acre lot, with the added benefit of private off-street parking. Located within Endicott’s Central Business District and designated Opportunity Zone and HUB Zone, the asset is positioned near Washington Avenue’s established retail and dining offerings, supporting tenant demand and long-term occupancy. The surrounding market continues to attract capital, highlighted by its designation as a federal Technology Hub and recent funding initiatives, including a $160 million research and development grant and new manufacturing investment. Positioned in a well-established residential pocket of Endicott, 105 Madison Avenue benefits from proximity to both neighborhood amenities and key commercial corridors. The property is within walking distance of Washington Avenue, Endicott’s primary retail and dining area, providing convenient access to everyday services that support tenant demand. The surrounding market continues to see steady reinvestment, supported by its legacy as the birthplace of IBM and ongoing activity across the Southern Tier’s manufacturing and technology sectors. Easy access to Main Street, Route 26, and Interstate 86 allows for efficient connectivity throughout Broome County and into the greater Binghamton area. This combination of accessibility, local amenities, and established infrastructure supports long-term occupancy and stable performance.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1980
    Total area 4,086 SF
    UPID US63-5532325
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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