1210 North St

Highlights:

• Fully Occupied Mixed-Use Investment: 12 units comprising 9 residential apartments and 3 commercial storefronts.
• Established Cash Flow: Approximately $52,000 in reported annual net operating income.
• Value-Add Potential: Opportunity to renovate units and increase rents as leases and market conditions permit.
• Diversified Income: Residential and commercial tenants provide multiple rental income sources.
• Employment Proximity: Directly across from BAE Systems with convenient access to the Huron Campus and major area employers.
• Regional Accessibility: Convenient connections to Route 26, Route 17/I-86, and public transportation.
• Nearby Parking and Amenities: Municipal parking behind the building and minutes from Washington Avenue restaurants, shops, and services.

Description:

ONLINE AUCTION – LIST PRICE IS THE STARTING BID. SVN Innovative Commercial Advisors is pleased to present 1206–1210 North Street, a fully occupied 12-unit mixed-use investment property in Endicott, NY. The property consists of nine residential apartments and three commercial storefronts, providing diversified rental income from a single asset. The property currently generates approximately $52,000 in NOI and offers additional value-add potential through unit renovations and future residential and commercial rent increases. The property benefits from a strong employment-driven location directly across from BAE Systems and convenient to the Huron Campus, Route 26, Route 17/I-86, Price Chopper, Gault Chevrolet, public transportation, and other major area employers. Municipal parking is available behind the building, providing additional convenience for tenants and customers. Just minutes away, Washington Avenue serves as the heart of Endicott’s downtown district and has benefited from significant redevelopment and streetscape improvements, offering a walkable mix of restaurants, cafés, shops, services, and entertainment. Continued redevelopment in the surrounding area, including activity at the former IBM campus, further supports the long-term outlook for the location. With 100% occupancy, established in-place cash flow, diversified residential and commercial income, and opportunities to increase revenue through renovations and rent growth, 1206–1210 North Street offers investors the opportunity to acquire a stabilized mixed-use asset with meaningful upside potential in New York’s Southern Tier. The list price represents the starting bid for the online auction and is not an indication of the property's final sale price. Review available due diligence materials and register to bid through the online auction listing.

1206–1210 North Street is strategically located in Endicott, directly across from BAE Systems and near several of the area’s major employment centers. The property is convenient to the Huron Campus, home to numerous technology and manufacturing businesses, as well as the Phoenix Data Center at the former IBM campus. The location is also served by public transportation, providing convenient access for residents and employees.

Just minutes away, Washington Avenue serves as the heart of Endicott’s downtown district and has recently undergone significant streetscape and infrastructure improvements. The walkable corridor offers a growing mix of locally owned restaurants, cafés, shops, services, and entertainment. With proximity to major employers, public transportation, shopping, dining, and the revitalized Washington Avenue business district, the property offers a convenient location for both residential and commercial tenants.

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