42-46 Jackson

42-46 Jackson Avenue Endicott, NY 13760

42-46 Jackson Avenue, Endicott, NY, 13760
42-46 Jackson Avenue, Endicott, NY, 13760 42-46 Jackson Avenue, Endicott, NY, 13760 42-46 Jackson Avenue, Endicott, NY, 13760 42-46 Jackson Avenue, Endicott, NY, 13760 42-46 Jackson Avenue, Endicott, NY, 13760 42-46 Jackson Avenue, Endicott, NY, 13760
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$489,900
Last Verified:
Jun 21, 2024

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Highlights

  • 3,780 SF mid-rise building with 7 units
  • Spacious and recently renovated units
  • Strong rental income potential
  • Updated amenities and finishes
  • Attractive investment opportunity
  • Federal Opportunity Zone

Description

Offered for sale is a recently renovated 7-unit complex, ideally located within walking distance to the Huron Campus and the IM3 Battery Manufacturer in Endicott, NY. Known as the birthplace of IBM and Endicott Johnson Shoes, Endicott is experiencing a resurgence with new developments, including a new battery manufacturer, a new solar manufacturer, and a recent $160M research and development grant for Central NY. This property, situated in a Federal Opportunity Zone, features two buildings with 2 three-bedroom units, 4 one-bedroom units, and 1 studio, making it a prime investment opportunity in a rapidly developing area.

This is ideally located to benefit from the new developments in a rapidly developing area. Endicott, NY is the birth place of IBM and Endicott Johnson Shoes. With a long history of hard working people this is area is seeing a resurgence with the announcement of a new Battery Manufacturer, a New Solar Manufacturer and a recent $160M Research and Development grant for Central NY. This building is walking distance to the development site. This is also in a Federal Opportunity Zone.


Year Built: 1965
Building Size: 3780sq ft
Lot Size: 0.11 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 42-46 Jackson Avenue, Endicott, NY, 13760

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What are Real Estate Incentives?

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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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.