105 Madison Ave
- Fully renovated 5-unit multifamily asset with stable in-place income
- 4,086 SF, three-story building with private off-street parking
- Located within Endicott’s Central Business District
- Opportunity Zone and HUB Zone designations
- Walkable to Washington Avenue retail, dining, and daily amenities
- Positioned within a market supported by federal Technology Hub designation and recent large-scale investment
Property Description
105 Madison Avenue is a renovated, fully stabilized five-unit multifamily asset offered at a 13% cap rate offering consistent in-place income within a market seeing renewed investment. The property consists of a three-story, 4,086 square foot building situated on a 0.16-acre lot, with the added benefit of private off-street parking. Located within Endicott’s Central Business District and designated Opportunity Zone and HUB Zone, the asset is positioned near Washington Avenue’s established retail and dining offerings, supporting tenant demand and long-term occupancy. The surrounding market continues to attract capital, highlighted by its designation as a federal Technology Hub and recent funding initiatives, including a $160 million research and development grant and new manufacturing investment.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $255,000 |
| No. of Units: | 5 |
| Year Built: | 1980 |
| Lot Size: | 0.16 Acres |
| Opportunity Zone: | No |
| Price per unit: | $51,000 |
| Property Website | Click Here |
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