$12,499,900

501 E Franklin St Unit 503 Endicott, NY 13760

Estimated payment $85,426/month

Total Views 19,977
90 Beds
90 Baths
59,800 Sq Ft
$209 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 54 Car Attached Garage
  • Cathedral Ceiling
  • Cul-De-Sac
  • Walk-In Closet

About This Home

Discover this premier development in Endicott, an unrivaled investment opportunity in Broome County. Featuring 54 units of 55+ housing, Skye View Heights is ready for new owners. Invest now in this growing asset class; the need for adult independent living will only continue to rise. These communities have very low vacancy rates nationwide, and Skye View Heights is no exception. Pristine units boast renovated interior spaces, modern kitchens and baths, laundry, private garages, fireplaces, patios, spacious bedrooms and more. A stable clientele call these buildings home, and owners report no evictions, but rather have a waiting list for occupants. Between the current performance, ability to increase income, and additional development parcels available, this one is a home run.

Listing Agent

Steph Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 05/15/2025

Co-Listing Agent

Eddy Pezzino

YAMAN REAL ESTATE License #10401377172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $214,139

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 500 x 500
  • Cul-De-Sac
  • Landscaped
  • Level Lot

Parking

  • 54 Car Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 59,800 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 90 Bedrooms
  • Walk-In Closet
  • 90 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Ann G. Mcguinness Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 54 Separate Electric Meters
  • 54 Separate Gas Meters
  • Insurance Expense $42,117
  • Maintenance Expense $43,102
  • Water Sewer Expense $364
  • Gross Income $1,283,100
  • Net Operating Income $789,096

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$214,139

Year Built

Built in 2012

Lot Details

0

Parking

54

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 500 x 500
  • Professional Management Expense: 102648.0
  • Co List Office Mls Id: 7520
  • Co List Office Phone: 607-692-3665
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Multiple addresses- call agents.
  • Above Grade Finished Sq Ft: 59800.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 2012
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 90
  • Total Bedrooms: 90
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 59800.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Cul-De-Sac, Level, Landscaped
  • Construction Type: Other, Vinyl Siding
  • Exterior Features: Deck, Landscaping
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Open

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 54.0
  • Parking Features: Attached, Garage, One Car Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, High Speed Internet Available, Municipal Utilities, Phone Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1096.0
  • Annual Water Sewer Expense: 364.0

Schools

  • Elementary School: Ann G. McGuinness
  • Junior High Dist: Union Endicott

Lot Info

  • Zoning Description: Multi
  • Zoning: Multi

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 1283100.0
  • Insurance Expense: 42117.0
  • Maintenance Expense: 43102.0
  • Property Net Operating Income: 789096.0
  • Annual Operating Expense: 494004.0
  • Total Actual Rent: 1283100.0
  • Number Of Separate Electric Meters: 54
  • Number Of Separate Gas Meters: 54

Tax Info

  • Tax Annual Amount: 214139.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $55,933 $236,300 $15,000 $221,300
2023 $55,933 $236,300 $15,000 $221,300
2022 $55,933 $236,300 $15,000 $221,300
2021 $55,933 $236,300 $15,000 $221,300
2020 $0 $236,300 $15,000 $221,300
2019 $0 $236,300 $15,000 $221,300
2018 $0 $129,601 $15,000 $114,601
2017 $0 $76,651 $11,400 $65,251
2016 $0 $32,851 $11,400 $21,451
2015 -- $16,401 $11,400 $5,001
2014 -- $16,401 $11,400 $5,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $12,499,900 0.0% $209 / Sq Ft
01/28/2015 01/28/15 Rented $12,600 +908.0% --
12/29/2014 12/29/14 Under Contract -- -- --
11/07/2014 11/07/14 For Rent $1,250 -90.1% --
05/07/2014 05/07/14 Rented $12,600 +908.0% --
04/07/2014 04/07/14 Under Contract -- -- --
02/04/2014 02/04/14 For Rent $1,250 -- --
Source: Greater Binghamton Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $330,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Deed $11,970 None Available
Not Resolvable $13,500 None Available
Deed -- None Available
Deed $102,860 Frederick Xlander
Deed -- Frederick Xlander
Deed $29,900 Fred Xlander
Deed $500 Eschon & Frenkel Llp
Deed $80,000 David E Kapur
Deed $45,000 David E Kapur
Source: Public Records

Source: Greater Binghamton Association of REALTORS®

MLS Number: 331156

APN: 034601-157-005-0005-023-001-0000

New York Broome County Endicott 13760

501 E Franklin St Unit 503, Endicott, NY

This home is located at 501 E Franklin St Unit 503, Endicott, NY 13760 and is currently priced at $12,499,900, approximately $209 per square foot. This property was built in 2012. 501 E Franklin St Unit 503 is a home located in Broome County with nearby schools including Union-Endicott High School, All Saints School, and All Saints.

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Steph Jacobson
Listing Agent
Steph Jacobson
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Yaman Commercial Industrial
(607) 652-6541