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33185285
33185296

101 Hooper Rd, Endicott, NY 13760

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
Listed by SVN Innovative Commercial Advisors
$2,500,000
6 days on market
Updated 6 days ago

101 Hooper Rd.

Details
Property Type Multifamily
Sub Type Apartment Building, Mid-Rise
Square Footage 26,042
Units 20
Cap Rate 7.59%
NOI $189,811
Tenancy Multi
Year Built 1960
Acreage 0.730
Investment Type Core+

101 Hooper Rd, Endicott, NY 13760

Marketing description

Offered for sale is a 20-unit townhouse-style multifamily property located in the highly desirable Endwell market. The property features a strong unit mix of 9 three-bedroom units and 11 two-bedroom units, providing larger layouts that are increasingly difficult to find within the local rental inventory.

Over the past year, ownership has completed significant interior renovations, with 18 of the 20 units receiving updated flooring, renovated kitchens, and modernized bathrooms. Each unit is separately equipped with its own furnace and water heater, supporting operational efficiency and tenant convenience. The property also includes 16 private drive-in garages, with additional basement storage available for select units.

With renovated interiors, townhouse-style layouts, garage parking, and remaining upside through future rent growth, 101 Hooper Road offers a compelling value-add multifamily investment opportunity in one of Broome County's strongest residential submarkets.

Located directly on Hooper Road in Endwell, the property benefits from strong visibility and convenient access to shopping, restaurants, healthcare services, and major employers throughout the Greater Binghamton market. The property is situated within the Maine-Endwell Central School District and offers quick connectivity to Route 17/I-86, Interstate 81, and the Vestal Parkway corridor.

The surrounding area continues to support strong rental demand driven by established residential neighborhoods, regional employment centers, and limited supply of updated multifamily housing.

101 Hooper Road presents the opportunity to acquire a renovated townhouse-style multifamily asset within one of the Greater Binghamton area's most established and supply-constrained residential submarkets.

The property combines stable in-place cash flow with a clear path for continued operational growth through ongoing rental repositioning and future rent increases.

Investment highlights

  • 20-unit townhouse-style multifamily property
  • Unit mix includes 9 three-bedroom and 11 two-bedroom units
  • 18 of 20 units recently renovated
  • 16 private drive-in garages plus additional storage space
  • Separate furnaces and water heaters for each unit
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Listing Contacts

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
Listed by SVN Innovative Commercial Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$189,811.00
$15,817.58/mo

Valuation Metrics

0
DSCR
7.59%
Cap Rate
7.59%
ROI

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Additional Information

Name
Scott Warren
License
NY 10301220936
Brokerage
Innovative Commercial Advisors
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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