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    156 Main St Oneonta, NY 13820-2533
    Property profile & analytics

    156 Main St Oneonta, NY 13820-2533


    • Investment properties
    • 5,040 SF
    • 0.04 lot acres
    Off-Market
    Last Sale Jun 9, 2022
    $870,000
    Property ID
    US63-0617467
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $855,000
    Show details
    Cap Rate Potential
    5.2%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Boba Yaga / Restaurant
    • Basement Media / (Bike/Boat/Book/etc) Store

    Property Details for 156 Main St

    Year built
    1980
    Lot size
    0.04 lot acres
    Property size
    5,040 SF
    Zone code
    320
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    361200 300.31-1-26
    APU
    36120030031126

    Description

    This exceptional investment opportunity presents a meticulously maintained, fully occupied building situated on Main Street in the heart of historic downtown Oneonta, New York. The property encompasses a substantial 6,720 square feet and sits on a 0.04-acre lot. The building's diverse income stream is comprised of six residential rental units and three commercial rental spaces, providing a robust and stable cash flow. Adding to its versatility is a sizable 1,600-square-foot flex space with its own dedicated entrance. This adaptable area presents significant potential for expansion, allowing for an additional residential unit or further commercial rental opportunities, catering to a variety of tenant needs. All utilities are the responsibility of the tenants, minimizing the owner's operational expenses. The property's prime location on Main Street offers excellent visibility and accessibility, placing it within easy reach of local amenities, businesses, and transportation routes. This is a rare chance to acquire a well-established, high-performing mixed-use property in a thriving downtown area. The building's historic character combined with its modern functionality makes it an exceptional investment prospect. Don't miss this chance to own a piece of Oneonta's rich history and secure a promising future in commercial real estate. The asking price is $1,299,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $835,000
      ML approach
      $840,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $720,000
      6.5%
      $665,000
      7%
      $620,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.0625
    Latitude
    42.4532
    CBSA code
    36580
    CBSA name
    ONEONTA, NY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $17,000
    $153,000
    $170,000
    -
    $20,988
    $188,889
    $209,877
    More about this property
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