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303 Robble Ave.

$299,999

303 Robble Avenue, Endicott, NY 13760

Active
Last Updated: 09/26/2024

8.88

Cap Rate

3,992 sqft

Building Size

Details:
Cap Rate:    8.88%
Building Size:    3,992 sqft
Lot Area:    6,114 acres
Units:    5
Year Built:    1970
Zoning:    USF
Floors:    3
Description:

Located in the heart of Endicott, NY—a town known as the birthplace of IBM and Endicott Johnson Shoes—this well-maintained 5-unit building offers a prime investment opportunity in a rapidly growing area. With the recent announcements of a new Battery Manufacturer and Solar Manufacturer coming to the region, significant job growth is projected, further enhancing the area’s appeal. This multifamily property is ideally situated within walking distance of major employers such as The Huron Campus, BAE Systems, and IM3. Positioned in a Federal Opportunity Zone, this fully leased building is in excellent condition and features ample off-street parking. It’s a rare chance to invest in a thriving market with long-term potential.


This prime location is situated in the heart of Endicott, NY, a town rich with history as the birthplace of IBM and Endicott Johnson Shoes. The area is experiencing a resurgence, with recent announcements of a major Battery Manufacturer and Solar Manufacturer set to establish operations nearby, bringing a significant influx of new jobs. This solid multifamily property is ideally positioned within walking distance of key employers such as The Huron Campus, BAE Systems, and IM3. Located in a designated Federal Opportunity Zone, it offers compelling incentives for investors looking to capitalize on the area's growth and revitalization.


Federal Opportunity Zone
Walking distance to the Huron Campus, BAE Systems and IM3
Solid Brick Building
Fully leased

Map:
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303 Robble OM
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