114-116 W Broadway - Multi-Family FOR SALE


Fulton, NY 13069
$315,000 USD
315-592-8545
114-116 W Broadway, Fulton, NY for Sale
$315,000 USD
Multi-Family - FOR SALE
1/27
null | Request Cap Rate

114-116 W Broadway
Fulton, NY 13069


OVERVIEW

Incredible opportunity to develop this 3 story mixed use building in Fulton, NY, located less than 15 miles north of the Town of Clay, where Micron has announced an up to $100 billion investment. Current owner has made an application for 114-116 W Broadway, a funding request of $500,000, under the New York State Consolidated Funding Application (CFA) program. Seller indicates: "The application requests $500,000 to support the stabilization of the Emeny Block at 114–116 West Broadway. We are currently awaiting notification from New York State regarding whether the project has been selected for funding. This was a highly competitive funding opportunity; however, In.Site:Architecture was very positive about the strength of our submission and believes Harper Gray Properties presented an extremely competitive application package. The complete CFA application may also be shared with a prospective buyer as part of their due diligence." Upper floors have outstanding potential for residential use, with gorgeous views of the Oswego River. First floor features commercial space which could serve a host of uses including retail, professional or medical office, restaurant, among many others.

FOR SALE DETAILS

PRICE

$315,000 USD

PRICE/SF

$38 USD /SF

# OF UNITS

8

PRICE/UNIT

$39,375

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2A

APN/PARCEL ID

350400-236-079-0002-031-000-0000

ASK ABOUT THIS PROPERTY

Patrick HaggertyCentury 21 Leah's SignatureMore Info
315-592-8545

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Patrick HaggertyCentury 21 Leah's SignatureMore Info
315-592-8545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.