70 MARKET ST

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70 MARKET ST

ONEONTA, NY 13820
Asking Price
$2.80M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

24 Apartments | Zoned for any mix of Long Term, STR, or College Rental <p><span style="color: rgba(0, 0, 0, 1)">Neahwa Park Apartments at 70 Market Street offers a rare blend of history, stability, and optionality in the vibrant City of Oneonta. This well-located, fully compliant, 24-unit building generates strong cash flow, with a clear path to materially higher income. The property currently produces revenue of approximately $29,546 per month — expected to be roughly $354,552 annually. Whether your strategy is a long-term hold, a refinance, a student-housing or h

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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467

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