Asset Type: Real Estate
Estate: Fee Simple
Land Area: 0.22 Acres
Number of Units: 6
Property Type: Multifamily
Year Built: 1970
Number of Floors: 2
Property Size: 5,787 SF
Investment Highlights
- 5,787 SF mixed-use building with strong, consistent rental history and stable in-place income
- Well-maintained asset featuring four fully leased residential units and a long-term commercial tenant
- Owner-occupant opportunity with one vacant commercial space ideal for business use or lease-up
- Prime Little Italy location with high visibility, strong tenant demand, and clear value-add potential
Offering Summary
Offered for sale, 1007–1009 Pine Street in Endicott, NY is a well-positioned mixed-use investment opportunity located on the north side of Little Italy along one of the area’s most recognizable, high-traffic corridors. This corner property offers excellent visibility and accessibility and consists of two commercial spaces and four residential units, including one spacious four-bedroom apartment and three studio units. The residential units are fully leased, providing stable in-place income, while the rear commercial space is occupied by a long-term tenant, further strengthening the income stream. The front commercial space is currently vacant and actively being marketed for lease, creating immediate upside for an investor or an ideal setup for an owner-occupant looking to establish their business while benefiting from rental income. This space includes a half bath, additional basement area for storage or prep, and an existing gas line, making it especially attractive for restaurant, café, or other food-related uses. Surrounded by established neighborhood businesses and dense residential housing, the property supports a wide range of commercial uses including retail, boutique, studio, or specialty concepts. With strong existing cash flow, value-add potential through lease-up and rent growth, and the opportunity for a business owner to occupy the commercial space while offsetting expenses with income from the residential and additional commercial units, this is a rare chance to acquire a cornerstone asset in Endicott’s vibrant Little Italy district.
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