1408 Main St - Apartments FOR SALE


Endicott, NY 13760
$325,000 USD
607-621-0439
1408 Main St, Endicott, NY for Sale
$325,000 USD
Apartments - FOR SALE
1/11
null | 10% Cap Rate

1408 Main St
Endicott, NY 13760


HIGHLIGHTS

  • Six-unit multifamily property with diverse one-, two-, and three-bedroom configuration.
  • Direct frontage along East Main Street near Dunkin’, offering strong exposure and connectivity to Route 26.
  • Electric utilities individually metered; baseboard heating and dedicated hot water heaters in each unit.
  • Simplified operating structure with tenants covering electrical costs.
  • In-place rental income with opportunity to reduce operating expenses and drive returns.
  • Located in a corridor supported by established retail, transit accessibility, and local amenities.

OVERVIEW

1408 East Main Street is positioned along one of Endicott’s primary commercial corridors, offering strong visibility and direct connectivity throughout the Village of Endicott and surrounding communities. East Main Street serves as a key east-west route, linking residential neighborhoods with retail, service, and employment centers. The property benefits from immediate access to Route 26, providing efficient travel to Binghamton, Johnson City, and other parts of Broome County. Public transportation is readily available along Main Street, supporting consistent tenant demand and accessibility. Surrounding the property is a mix of established local businesses and national retailers, including Dunkin', contributing to steady foot traffic and convenience for residents. The area continues to benefit from ongoing regional investment and a stable rental base, making it a reliable multifamily location within the Southern Tier.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

6

PRICE/UNIT

$54,167

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

GC

APN/PARCEL ID

034601-157-011-0001-027-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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