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Property profile & analytics
OFF-MARKET Estimated value $1,230,000
Office buildings

111 Grant Ave Endicott, NY 13760-5447

38,517 SF 2.1 ac lot Built 1979
Entity Owned 17-yr Hold Free & Clear
Property ID
US63-0617444
Property summary
AI-generated overview

This exceptional two-story, 41,000 square foot traditional office building at 111 Grant Avenue in Endicott, New York, presents a compelling investment opportunity. Currently 88% occupied, with an occupancy date of March 7, 2024, the property boasts a prime location offering immediate Interstate access and proximity to numerous amenities. The building is meticulously maintained and features a professional main lobby, an attractive atrium, controlled access for enhanced security, and multiple common conference rooms available at no cost to tenants. Ample free parking is provided for tenants and visitors. A significant 5,000 square foot suite is currently available for lease, offering convenient access to a loading dock, ideal for businesses requiring efficient goods handling. The asking price is $2,950,000, translating to a price per square foot of $71.95. The building's high occupancy rate, desirable location, and extensive amenities make it an attractive prospect for investors seeking a stable and profitable commercial real estate asset in Broome County, NY, zip code 13760. The property's walkable location further enhances its appeal.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1979
Total area 38,517 SF
Lot 2.1 ac (91,476 SF)
Zoning code NC
APN 034601 157.07-1-46
UPID US63-0617444
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
Current use
Occupant on record · Public records
  • TechMD Tech Support Center IT Consulting Firm
  • Cetera Investors Financial Advisor
  • FedEx Drop Box Postal Service Courier Service
  • Cheevers Hand & Angeline LLC Financial Advisor
  • Robert A Mead & Associates Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.23M
Owner & transaction history
Bilaw Partners LLC · 17 yrs held
Bilaw Partners LLC
since 2009
1 recorded transaction
2009
$645,000
Zoning & alternative use
NC · Endicott, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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