2700 North Street, Endicott, NY, 13760

2700 North Street Endicott, NY 13760

2700 North Street, Endicott, NY, 13760
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$975,000
Last Verified:
May 12, 2025

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Highlights

  • 26 Total Units – 20 One-Bedroom & 6 Two-Bedroom Apartments
  • Located in a high-demand rental area with strong cash flow
  • Separate electric meters – Tenants pay electric
  • Boiler replaced within past 12 years
  • Off-street parking available for tenants
  • Close to public transportation and key routes (Route 26, Route 17/I-86)

Description

Rare opportunity to own a 26-unit apartment complex in the Maine-Endwell School District, consisting of five connected brick buildings with 20 one-bedroom and 6 two-bedroom apartments. This well-maintained property is located in a high-demand rental area with strong cash flow and a solid rental history. Each unit has separate electric (tenant-paid), and there are two gas meters—one for the central boiler and hot water heaters, and another for cooking gas. The boiler was replaced within the past 12 years, and recent cosmetic upgrades have been made throughout. The property offers off-street parking, is close to public transportation and major routes (Route 26, Route 17/I-86), and is surrounded by major employers including Huron Campus, BAE Systems, and Gault Chevrolet. The area is experiencing active revitalization, including the removal of the old IBM building, creating strong future growth potential. Rents are currently low, offering a clear value-add opportunity. Financials are based on full occupancy, and recent tenant turnover has temporarily increased vacancy, which is actively being filled. Property can be purchase with 3205 Main Street (9 Units) within walking distance.

Discover the endless potential of 2700 North Street in Endicott, NY—a prime commercial property located in a community experiencing exciting revitalization and growth. Positioned just steps away from the site of the former IBM building, which is currently being taken down to make way for new development, this location offers a unique opportunity to be part of the next chapter in Endicott’s evolution. The area is surrounded by key employers and established businesses such as Gault Chevrolet, the innovative Huron Campus, and BAE Systems, making it a hub of professional activity and economic momentum. With easy access to major routes and public transportation, including a nearby bus line, this site offers both visibility and convenience for clients, employees, and customers. Just minutes from the walkable Washington Avenue district and close to local dining, shops, and parks, this location combines business potential with community charm—an ideal setting for office space, a startup, or long-term investment. This building can be purchased with a 9 unit located at 3205 Main Street. Both buildings are within walking distance making for efficient property management.


Year Built: 1975
Building Size: 21240sq ft
Building Class: A
Lot Size: 0 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 2700 North Street, 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:

  • 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.