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Executive Summary
Incredible opportunity to develop this 3 story mixed use building in Fulton, NY, located less than 15 miles north of the Town of Clay, where Micron has announced an up to $100 billion investment. Current owner has made an application for 114-116 W Broadway, a funding request of $500,000, under the New York State Consolidated Funding Application (CFA) program. Seller indicates: "The application requests $500,000 to support the stabilization of the Emeny Block at 114–116 West Broadway. We are currently awaiting notification from New York State regarding whether the project has been selected for funding. This was a highly competitive funding opportunity; however, In.Site:Architecture was very positive about the strength of our submission and believes Harper Gray Properties presented an extremely competitive application package. The complete CFA application may also be shared with a prospective buyer as part of their due diligence." Upper floors have outstanding potential for residential use, with gorgeous views of the Oswego River. First floor features commercial space which could serve a host of uses including retail, professional or medical office, restaurant, among many others.
Property Facts
| Price | $439,456 CAD | Property Type | Multifamily |
| Price Per Unit | $54,932 CAD | Building Size | 8,350 SF |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 8 | Year Built | 1964 |
| Zoning | C2A - C2A allows for mixed use - commerical on first floor and residential on upper two floors. | ||
| Price | $439,456 CAD |
| Price Per Unit | $54,932 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Building Size | 8,350 SF |
| No. Stories | 3 |
| Year Built | 1964 |
| Zoning | C2A - C2A allows for mixed use - commerical on first floor and residential on upper two floors. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
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114-116 W Broadway
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