Endicott Multifamily Portfolio

For Sale

102-106 West Main Street, Endicott, NY 13760

This Endicott property for sale is located at 102-106 West Main Street. The current listed sale price for Endicott Multifamily Portfolio is $1,928,998. Endicott Multifamily Portfolio is situated on a lot that is 0.87 acre in size.

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 9,144 SF
  • Units 33
  • Lot Size 0.87 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1960
  • Date Updated Nov 13, 2024
This portfolio offers four premium buildings located in the heart of Endicott, NY, a town rich in history as the birthplace of IBM and Endicott Johnson Shoes. The properties include 102-106 W Main St, 310 E Main St, 303 Robble Ave, and 1104 Monroe Ave, each strategically positioned in a rapidly growing market. Recent developments, including the addition of a new Battery Manufacturer and Solar Manufacturer, have sparked substantial growth in the local real estate market, making this portfolio an exceptional investment opportunity in one of Endicott’s most dynamic areas.This is an exceptional opportunity to acquire a portfolio of four premium buildings in Endicott, NY, the historic birthplace of IBM and Endicott Johnson Shoes. With the recent arrival of a Battery Manufacturer and Solar Manufacturer, the area has experienced significant real estate market growth. This package includes properties at 102-106 Main St, 310 E Main St, 1104 Monroe Ave, and 303 Robble Ave, totaling 33 units with 38 beds and 2 commercial spaces. The combined gross rents are $320,316, generating a net operating income of $182,179.17, offering a strong 9.44% CAP rate, well above the market average of 8.7%. At $54,454 per unit and a 6.02 GRM, this portfolio represents a highly lucrative investment in a thriving market.

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Highlights

  • 4 Premium Buildings in Endicott, NY
  • 33 Units
  • 38 Beds plus 2 premium Commercial Spaces
  • CAP Rate 9.44%
  • GRM 6.02
  • Price per unit average $54,454

Attachments

Getting around

  • 72/100

    Walk Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Endicott, NY
  • Zip Code 13760

Points of Interest

  • Speedway

    0.45 miles

  • Bryne Dairy

    2.37 miles

  • Sunoco

    2.38 miles

  • Manley's Mighty Mart

    2.43 miles

  • Kwik Fill

    2.55 miles

  • Citgo

    2.92 miles

  • Mirabito

    3.38 miles

  • Tesla Supercharger

    9.09 miles

  • Vestal Rail Trail

    0.85 miles

  • Lot ZZ North

    4.41 miles

  • Lot ZZ South

    4.45 miles

  • Lot Z

    4.55 miles

  • Lot M4

    4.64 miles

  • Lot I

    4.66 miles

  • Lot M3

    4.66 miles

  • Lot H

    4.69 miles

  • Lot X

    4.69 miles

  • North Street Motor Lodge

    1.60 miles

  • Endwell Motel

    2.31 miles

  • Comfort Suites

    3.76 miles

  • Traditions Hotel & Spa

    4.01 miles

  • Tru by Hilton Vestal

    4.01 miles

  • Homewood Suites

    4.06 miles

  • Candlewood Suites

    4.12 miles

  • Holiday Inn Express & Suites

    4.12 miles

  • Hampton Inn & Suites Binghamton/Vestal

    4.27 miles

  • Courtyard

    4.38 miles

  • Big Lots

    0.77 miles

  • ALDI

    0.79 miles

  • Price Chopper

    0.94 miles

  • Weis

    1.21 miles

  • Century 21

    1.67 miles

  • Walmart Supercenter

    2.67 miles

  • TJ Maxx

    2.72 miles

  • Target

    3.29 miles

  • Kohl's

    3.56 miles

  • Kim's Oriental Grocery

    4.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors