Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    22 Nanticoke Ave Endicott, NY 13760
    Back to Search
    Property profile & analytics

    22 Nanticoke Ave Endicott, NY 13760

    View on Map
    • Commercial real estate
    • 0.34 lot acres
    Off-Market
    Property ID
    US63-0423433
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 22 Nanticoke Ave

    Year built
    1970
    Lot size
    0.34 lot acres
    Property type
    Commercial real estate
    APN
    034601-157-009-0008-019-000-0000

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Endicott
    County
    Broome
    State
    New York
    Longitude
    -76.065894511806
    Latitude
    42.096940092951

    Comparable in this City

    • Contact for pricing

      Endicott Multifamily Investment Opportunity

      18 units in rapidly developing area near major employers.
      1606-1608 Tracy St, Endicott, NY 13760
      View Details
    • $339,000

      Renovated Multifamily Investment Opportunity

      Stabilized five-unit property in Endicott's growing market.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      136,393 SF

      Endwell Multifamily and Commercial Property

      68 residential units with commercial space and expansion potential.
      15 Delaware Ave, Endwell, NY 13760
      View Details
    • Contact for pricing
      4,086 SF

      Renovated Multifamily Building in Endicott

      Fully stabilized 5-unit building in a rapidly developing area.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      136,393 SF

      Endicott Manor Multifamily Opportunity

      68 residential units and commercial space in Endwell, New York.
      15 Delaware Ave Endwell, Endicott, NY 13760
      View Details
    • $439,000

      Endicott Multifamily Investment Opportunity

      Well-maintained 7-unit complex with scenic views and new roof.
      514 Davis Ave, Endicott, NY 13760
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Endicott Multifamily Investment Opportunity

      18 units in rapidly developing area near major employers.
      1606-1608 Tracy St, Endicott, NY 13760
      View Details
    • $339,000

      Renovated Multifamily Investment Opportunity

      Stabilized five-unit property in Endicott's growing market.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      136,393 SF

      Endwell Multifamily and Commercial Property

      68 residential units with commercial space and expansion potential.
      15 Delaware Ave, Endwell, NY 13760
      View Details
    • Contact for pricing
      4,086 SF

      Renovated Multifamily Building in Endicott

      Fully stabilized 5-unit building in a rapidly developing area.
      105 Madison Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      136,393 SF

      Endicott Manor Multifamily Opportunity

      68 residential units and commercial space in Endwell, New York.
      15 Delaware Ave Endwell, Endicott, NY 13760
      View Details
    • $439,000

      Endicott Multifamily Investment Opportunity

      Well-maintained 7-unit complex with scenic views and new roof.
      514 Davis Ave, Endicott, NY 13760
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Endicott Flex Space For Lease

      56,677 SF flex space available for lease.
      1701 North St, Endicott, NY 13760
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Endicott, NY.
      1060 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space for lease in a prime location.
      22 Adams Ave, Endicott, NY 13760
      View Details
    • Contact for pricing
      43,785 SF

      Endicott Industrial Facility

      43,785 SF Warehouse, Climate Controlled
      1093 Clark St, Endicott, NY 13760
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease in Endicott, NY.
      22 Adams Ave, Endicott, NY 13760
      View Details
    • $8 SF/Yr

      Endicott Commercial Spaces For Lease

      Flexible commercial spaces in revitalizing downtown Endicott, suitable for diverse businesses.
      124 Washington Ave, Endicott, NY 13760
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22 Nanticoke Ave
    Endicott, NY 13760
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    22 Nanticoke Ave, Endicott, NY, 13760
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!