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Property profile

34-36 Chestnut St Oneonta, NY 13820

OFF-MARKET
Investment properties
Property ID
US63-1757330
6,882 SF 0.06 ac lot Built 1900
Entity Owned 14-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional three-story brick building, located at 34-36 Chestnut Street in Oneonta, NY 13820, presents a unique investment opportunity. Boasting approximately 9,176 square feet of finished space, this 1965-constructed property is zoned for mixed-use and eligible for historic renovation tax credits. Currently configured with thirteen move-in ready offices, soundproof studios, suites, and conference rooms, the first and second floors also include two half baths and one full bath. The finished basement offers a spacious hall, a full kitchen, two additional offices, and dry storage. The third floor features a large open ballroom with high tin ceilings, period light fixtures, natural wood trim and floors, a wardrobe room, and a half bath, awaiting creative redevelopment. The building sits on a 0.06-acre lot and benefits from updated heating, air conditioning, plumbing, and electrical systems. Its versatile layout lends itself to various uses, including executive offices, a creative incubator, apartments, or a mixed-use building with street-level retail or restaurant space. This is a remarkable chance to be part of downtown Oneonta's revitalization. Asking price: $500,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 6,882 SF
Lot 0.06 ac (2,614 SF)
Zoning code 320
APN 361200 300.31-1-2
UPID US63-1757330

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
$195k

Owner & transaction history

since 2012
Last sale
$315,000
4 recorded transactions
2012
Price N/A
2006
Price N/A
2004
$34,344
2004
Price N/A

Zoning & alternative use

320 · Oneonta, 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
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