NOT LISTED FOR SALE

214 E Main St Palmyra, NY 14522

Estimated Value: $218,619

Studio
-- Bath
5,755 Sq Ft
$38/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $158,000 $27 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,559/month

8 Days on Market

About This Home

As of June 2022

Great investment opportunity!! Fully occupied mixed use building located in the heart of the village business district. Two storefront businesses (Smokey's and Happiness Garden restaurant) are located on the first floor and the second floor has two residential apartments. Both apartments offer a living room, kitchen, two bedrooms and one bath.

Last Agent to Sell the Property

Luke Cino

Listing by Cornerstone Realty Associates License #10491201091 Listed on: 03/15/2022

Last Buyer's Agent

Roxanne Feller

Listing by Cornerstone Realty Associates Referral Office License #10401347308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1876

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 99 x 34
  • Flag Lot

Parking

  • Shared Driveway

Home Design

  • Mixed Use
  • Flat Roof Shape

Interior Spaces

  • 5,755 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Unfinished Attic

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 711
  • Assessor Parcel Number 543601-064-111-0011-711-685-0000

Community Details

Overview

  • 2 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 1876

Lot Details

0

Listing Details

  • NY Swis Code: Palmyra-Village-543601
  • Total Assessed Value: 91600
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 34
  • Lot Information: Commercial Zoning
  • Lot Number: 711
  • Lot Shape: Flag
  • Nearest Cross Street: Cuyler
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2257142.86
  • Ratio Close Price By Sq Ft: 27.45
  • Ratio List Price By Acres: 2355714.29
  • Ratio List Price By Sq Ft: 28.65
  • Regional Board Code: Rochester
  • Roof Description: Flat
  • School Tax: 2349
  • Sub Board Code: Rochester
  • Type of Residence: 2 Unit, Mixed Use
  • Type of Sale: Normal
  • Village: Palmyra-Village
  • Year Built Description: Existing
  • Age of Building: 146
  • Year Built: 1876
  • Directions To Property: Rt 21 to Main St Palmyra
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1876

Interior Features

  • Attic Description: Unfinished
  • Basement Description: Full
  • Total Sq Ft: 5755

Exterior Features

  • Number of Acres: 0.0700

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: 2 or More Spaces, Common

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Electric, Gas

Lot Info

  • Parcel Number: 543601-064-111-0011-711-685-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 4563

MLS Schools

  • School District Name: Palmyra-Macedon

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $158,000 -4.2% $27 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $164,900 -- $29 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,982 $91,600 $10,500 $81,100
2023 $4,907 $91,600 $10,500 $81,100
2022 $5,434 $91,600 $10,500 $81,100
2021 $5,819 $91,600 $10,500 $81,100
2020 $5,836 $91,600 $10,500 $81,100
2019 $4,818 $91,600 $10,500 $81,100
2018 -- $91,600 $10,500 $81,100
2017 $4,922 $91,600 $10,500 $81,100
2016 -- $91,600 $10,500 $81,100
2015 -- $91,600 $10,500 $81,100
2014 -- $91,600 $10,500 $81,100
Source: Public Records

Agents Affiliated with this Home

  • Luke Cino

    Seller's Agent in 2022

    Luke Cino

    Cornerstone Realty Associates

    (585) 303-7536

    8 in this area

    248 Total Sales

    Luke Cino
    Section Image

  • R

    Buyer's Agent in 2022

    Roxanne Feller

    Cornerstone Realty Associates Referral Office

    Section Image
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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1393457

Upstate New York Real Estate Information Services (UNYREIS)

APN: 543601-064-111-0011-711-685-0000

New York Wayne County Palmyra 14522

214 E Main St, Palmyra, NY

Not Listed for Sale

MultiFamily

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