Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability.
Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls.
13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.
Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls.
13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.
Property Details
Price:
$1,250,000
MLS #:
S1644052
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Apartment
Neighborhood:
frankfort212689
Listed Date:
Oct 10, 2025
Finished Sq Ft:
18,225
Total Sq Ft:
18,225
Lot Size:
143,748 sqft / 3.30 acres (approx)
Year Built:
1970
See this Listing
Schools
School District:
Frankfort-Schuyler
Interior
Cooling
Central Air
Heating
Gas, Forced Air
Exterior
Parking Features
On Site
Parking Spots
25
Roof
Asphalt, Metal
Financial
Taxes
$17,557
Map
Community
- Address4321 Acme Road Frankfort NY
- CityFrankfort
- CountyHerkimer
- Zip Code13357
Subdivisions in Frankfort
Market Summary
Current real estate data for Commercial in Frankfort as of Feb 06, 2026
2
Commercial Listed
146
Avg DOM
85
Avg $ / SqFt
$999,500
Avg List Price
Property Summary
- 4321 Acme Road Frankfort NY is a Commercial for sale in Frankfort, NY, 13357. It is listed for $1,250,000
Similar Listings Nearby
Courtesy of Coldwell Banker Faith Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 4321 Acme Road
Frankfort, NY
