www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20778203
20778220

501 E Franklin St, Endicott, NY 13760

SJ
NY 10401301213
Yaman Commercial
EP
NY NY 10401377172
Yaman Commercial
Listed by Yaman Commercial
$11,900,000
564 days on market
Updated 101 days ago
Opportunity zone

Skye View Heights Development

Details
Property Type Multifamily, Senior Living
Sub Type Single Family Rental Portfolio, 55+ Housing
Square Footage 59,800
Units 54
Cap Rate 6.63%
NOI $789,096
Occupancy 100%
Price per SqFt $199
Class A
Year Built 2012
Buildings 27
Acreage 34.960
Parking Spaces per unit
Investment Type Core

Stunning 55+ Housing, No Vacancy

Marketing description

Discover this premier development in Endicott, an unrivaled investment opportunity in Broome County. Featuring 54 units of 55+ housing, Skye View Heights is ready for new owners. Invest now in this growing asset class; the need for adult independent living will only continue to rise. These communities have very low vacancy rates nationwide, and Skye View Heights is no exception. Pristine units boast renovated interior spaces, modern kitchens and baths, laundry, private garages, fireplaces, patios, spacious bedrooms and more. A stable clientele call these buildings home, and owners report no evictions, but rather have a waiting list for occupants. Between the current performance, ability to increase income, and additional development parcels available, this one is a home run.

Investment highlights

  • 54 units for 55+ independent living

  • Convenient location close to shopping, restaurants and medical care

  • 100% occupancy with waiting list

  • Beautiful low-maintenance units

  • Turnkey investment with rent-increase potential

Listing Contacts

SJ
NY 10401301213
Yaman Commercial
EP
NY NY 10401377172
Yaman Commercial
Listed by Yaman Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$789,096.00
$65,758.00/mo

Valuation Metrics

0
DSCR
6.63%
Cap Rate
6.63%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Steph Jacobson
License
10401301213
Name
Eddy Pezzino
License
NY 10401377172
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591