You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

235 State St Auburn, NY 13021

Specialty properties Google Maps
3,898 SF 0.38 ac lot Built 1977
Individually Owned Free & Clear
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US63-5470202

Property summary

AI-generated overview

This exceptional investment opportunity presents a unique mixed-use property located at 235 State Street in Auburn, NY. The property encompasses a substantial 5,230 square feet situated on a 0.38-acre lot. The main building features two distinct units: a ground-floor commercial space and a spacious three-bedroom apartment on the second floor. The commercial space underwent a complete entrance remodel in 2005, incorporating a new, handicap-accessible ramp and a modern commercial bathroom. This area offers ample space adaptable to a variety of commercial uses. The upper-level apartment provides additional income potential or could be used as office space. Completing this package is a large carriage house with an attached one-car garage, offering significant storage capacity. This versatile structure presents numerous possibilities for expansion or additional income streams. Detailed financial information, including rental rolls, is available upon request, providing potential investors with a comprehensive understanding of the property's financial performance. This property is priced at $469,000 and represents a compelling investment opportunity in a desirable location.

Property profile

Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1977
Total area 3,898 SF
Lot 0.38 ac (16,553 SF)
Zoning code R1
APN 050100 115.27-1-29.1
UPID US63-5470202

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

Zoning & alternative use

R1 · Auburn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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