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    OFF-MARKET
    Commercial real estate

    22 Nanticoke Ave, Endicott, NY 13760

    0.34 ac lot Built 1970
    Property ID
    US63-0423433
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 14-unit apartment building situated on a 0.34-acre lot in Endicott, New York. The property, located at 22 Nanticoke Avenue, boasts a prime location, offering convenient access to The Cider Mill, various restaurants, bus routes, and the EnJoie Golf Course. Built in 1970 and extensively renovated in 2024, this two-story building features fourteen one-bedroom, one-bathroom units, currently operating at 58% occupancy. The property benefits from municipal electric service for both tenants and the owner, minimizing utility expenses. Ample off-street parking is available for residents. The property is zoned for multi-residential use and has a Broome County APN of 034601-157-009-0008-019-000-0000. This well-maintained building offers a strong rental history and consistent cash flow, making it an attractive investment for discerning buyers. The asking price for this turnkey property is $585,000. This is a rare opportunity to acquire a well-located, updated multifamily property with significant upside potential in a thriving New York community. The property's central location and recent renovations position it for continued success and strong returns. Don't miss this chance to add a valuable asset to your portfolio.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1970
    Lot 0.34 ac (14,810 SF)
    APN 034601-157-009-0008-019-000-0000
    UPID US63-0423433
    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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