Property profile

55 Corbettsville Rd Conklin, NY 13748

OFF-MARKET
Investment properties
Property ID
US63-2732723
3,683 SF 0.6 ac lot Built 1960
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional property, located at 55 Corbettsville Road in Conklin, NY, presents a remarkable investment opportunity. Situated just minutes from I-81 and north of Conklin, this iconic building, known as the historic Kiwis building, boasts a rich history and immense potential. Previously a successful family-owned bar and restaurant, the two-story structure offers a versatile layout ready for a new owner's vision. The main floor provides ample space for a variety of commercial uses, while the second floor includes a spacious two-bedroom apartment. This apartment offers the potential for owner occupancy or generates supplemental rental income. The property features extensive outdoor space, including ample parking, expansive decks, and a generous yard, ideal for outdoor seating, events, or further development. Its prime location and unique character make this a rare find in the Conklin area. The property's vintage charm and inviting atmosphere create a strong foundation for a thriving business or a unique residential-commercial blend. Don't miss this chance to acquire a piece of Conklin history and unlock its considerable potential. The asking price is $99,900.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Total area 3,683 SF
Lot 0.6 ac (26,136 SF)
APN 032800 228.06-1-6
UPID US63-2732723

Cap rate & NOI

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

Location

55 Corbettsville Rd Conklin, NY 13748-1751
Conklin metro Census 12701 BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$65k

Owner & transaction history

since 2022
Last sale
$50,000
3 recorded transactions
2022
$50,000
2021
$22,360
2020
Price N/A

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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