1104 Monroe Ave.

1104 Monroe St Endicott, NY 13760

1104 Monroe St, Endicott, NY, 13760
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$330,000
Last Verified:
Sep 26, 2024

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Highlights

  • This is in a Federal Opportunity Zone
  • Very walkable score of 84
  • Walking distance to Washington Ave. BAE Systems, the Huron Campus and IM3
  • In a rapidly developing area.

Description

This well-located 6-unit property is now available for sale in the heart of Endicott, NY, known as the birthplace of IBM and Endicott Johnson Shoes. Situated in a rapidly developing area, fueled by the arrival of a new Battery Manufacturer and Solar Manufacturer, the property is positioned to benefit from significant local growth. Centrally located and within walking distance to Washington Avenue, BAE Systems, the Huron Campus, and IM3, it offers both convenience and strong investment potential. Located in a Federal Opportunity Zone, the building includes 3 one-bedroom units, 1 two-bedroom unit, and 1 four-bedroom unit, offering excellent cash flow opportunities. This property must be sold as a package with either 310 E Main St or 102-102 W Main St.

Endicott, NY, the birthplace of IBM and Endicott Johnson Shoes, is experiencing significant growth with the arrival of a new Battery Manufacturer and Solar Manufacturer, both expected to bring a wave of new jobs to the area. This property is perfectly positioned to take advantage of the area's rapid expansion, located within walking distance to Washington Avenue, BAE Systems, IM3, and the Huron Campus. Centrally located in the Endicott market, the property has a walkability score of 84 and is situated in a Federal Opportunity Zone, making it an outstanding investment opportunity in this growing community.


Year Built: 1960
Building Size: 4852sq ft
Lot Size: 0.23 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 1104 Monroe St, Endicott, NY, 13760

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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