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Property profile & analytics
OFF-MARKET
Office buildings

24 Madison Ave Endicott, NY 13760-5214

6,048 SF 0.47 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US63-0508561
Property summary
AI-generated overview

This 6,000-square-foot Class B medical office building, located at 24 Madison Avenue in Endicott, New York, presents a unique investment opportunity. Built in 1980, this single-tenant property sits on a 0.47-acre lot and is zoned for neighborhood commercial use. The building features 3-phase electric, two privately owned parking lots, a handicap-accessible ramp, central air conditioning, and numerous exam rooms and administrative offices. Complete with plumbing throughout, this fully vacant building offers immediate occupancy. Its prime location offers easy access to key businesses and infrastructure. Situated just one block from North Street and a block away from Washington Avenue, which is undergoing significant revitalization, the property benefits from proximity to BAE Systems and the IM3 facility. Endicott's economic landscape is experiencing positive growth, fueled by recent announcements including a new battery manufacturer and a substantial $160 million research and development grant. This presents a compelling opportunity to capitalize on a rapidly evolving community. The property's features and location make it ideal for a variety of medical practices or professional services.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1980
Total area 6,048 SF
Lot 0.47 ac (20,473 SF)
Zoning code NC
APN 034601 157.06-6-15
UPID US63-0508561
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
  • Bidwell Frances Employment Agency
  • Pullano Karen Employment Agency
  • Barr Mary Employment Agency
  • Patricia J. Vincent, PA Physician
  • Burton June MD Physician
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Ov 327 Main LLC · 3 yrs held
Ov 327 Main LLC
since 2023
Last sale
$265,000
2 recorded transactions
2023
$265,000
2019
$70,000
Zoning & alternative use
NC · Endicott, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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