Grand Ave. Portfolio

51 and 59 Grand Ave., 12 and 25 Margaret St. Johnson City, NY 13790

51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790
51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$963,000
Last Verified:
Mar 11, 2023

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Highlights

  • 4 Buildings - 18 Units.
  • Very well maintained buildings.
  • Well below market rents.
  • Tremendous value add opportunity.

Description

This is an excellent valued add opportunity without any renovation costs needed. There are very well maintained buildings. Below market rents. This is a portfolio of 4 buildings. All buildings are in a great strategic location. Grand Ave. Buildings are walking distance to the new Pharmaceutical school, UHS and new developments in Johnson City. Margaret Street is just off of Floral Ave. Walking distance to Main Street, the public and Student bus lines. 59 Grand Ave is s solid brick 8 unit building. 51 Grand Ave is a 3 unit Tudor style building which is suitable for Executive living. The Grand Ave properties offer off street parking, an 7 bay garage, storage space and shared laundry. 12 Margaret St is 5 units. 1 very large 2 bed unit and 4, 1 Bed units. 25 Margaret is a very well maintained duplex. The Margaret Street properties are very well maintained and offer off street parking, storage and laundry. These are a must see to appreciate them.

This is a portfolio of 4 buildings. All buildings are in a great strategic location. Grand Ave. Buildings are walking distance to the new Pharmaceutical school, UHS and new developments in Johnson City. Margaret Street is just off of Floral Ave. Walking distance to Main Street, the public and Student bus lines.

Building Size: 15667sq ft
Lot Size: 0.84 acres


Documents

Offering Memorandum
Portfolio Pro Forma.pdf

Map of 51 and 59 Grand Ave., 12 and 25 Margaret St., Johnson City, NY, 13790

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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:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • 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.