NOT LISTED FOR SALE

408 Roosevelt Ave Endicott, NY 13760

75 Beds
30 Baths
22,752 Sq Ft
1965 Built

Last Sold August 19, 2022

Last sale price $1,200,000 $53 Per Sq Ft

50 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Level Lot

About This Home

As of August 2022

Tremendous opportunity ! Offered for sale is 5 buildings. All in very close proximity to each other. 30 units total. Excellent central location in Endicott, NY. Walking distance to the bus lines, Main Street and Washington Avenue. Fast and easy access to Main Street, State Route 26 and the I86 interchange. Great value add opportunity ! Priced to sell at a 12.4% CAP !

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 08/09/2021

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 08/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,000

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 100x169
  • Level Lot

Home Design

  • 22,752 Sq Ft Home
  • Cedar Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 75 Bedrooms
  • 30 Full Bathrooms

Schools

  • Thomas J Watson Elementary School

Utilities

  • No Cooling
  • Radiator
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 034601-157-011-0006-027-000-0000

Community Details

Overview

  • 31 Units
  • Endicott Land Co Plot Subdivision

Building Details

  • 29 Separate Electric Meters
  • 29 Separate Gas Meters
  • Maintenance Expense $9,250
  • Water Sewer Expense $9,900
  • Net Operating Income $148,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,000

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 100x169
  • Professional Management Expense: 23127.0
  • Ownership: OWNER
  • Subdivision Name: Endicott Land Co Plot
  • Directions: Main to Roosevelt. Intersection on Roosevelt and Tracy.
  • Above Grade Finished Sq Ft: 22752.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1965
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 30
  • Total Bedrooms: 75
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 22752.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Cedar
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Radiator(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 9900.0

Schools

  • Elementary School: Thomas J Watson
  • Junior High Dist: Union Endicott

Lot Info

  • Parcel #: 034601-157-011-0006-027-000-0000
  • Zoning Description: Urban Multi Family
  • Zoning: Urban Multi Family

Multi Family

  • Number Of Units Total: 31
  • Electric Expense: 3000.0
  • Insurance Expense: 8500.0
  • Maintenance Expense: 9250.0
  • Property Net Operating Income: 148494.0
  • Number Of Separate Electric Meters: 29
  • Number Of Separate Gas Meters: 29

Tax Info

  • Tax Annual Amount: 32000.0
  • Tax Book Number: 157.11-6-27

Range of Values:

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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 Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,200,000 -6.3% $53 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,280,000 -- $56 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 313726