77-79 Main Street, Cortland, NY 13045

Local realty services provided by:ERA Team VP Real Estate
77-79 Main Street,Cortland, NY 13045
$1,400,000
  • 10 Beds
  • - Baths
  • 8,360 sq. ft.
  • Multi-family
  • Active
Listed by:august monkemeyer
Office:pyramid brokerage company - co
MLS#:R1638159
Source:NY_GENRIS

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$167.46

About this home

77-79 Main St Cortland TWO Tax parcels 77 main + 79 Main Two Commercial Tenants leased into 2027 Fully Leased 10 Apartments 28 beds leased thru 7/31/2026 Solid existing cash flow ~$190,200 annual gross thru 7/31/2026 w/value add upside + rent upside growth. Some apartments have been renovated more than others, can be more renovated / mix of tenancy updated to increase rents further. Prime location mixed use investment opportunity in the Central Business District and heart of downtown Cortland, NY. 77-79 Main Street is a late 19th century historic building offering character filled 2 bedroom, 3 bedroom & 4 bedroom apartments right in Cortland's lively & vibrant downtown. Renovated and restored in 2018-2019, this historic building combines classic charm with modern amenity housing. Located just steps away from independent shops, cafes, bars, and restaurants along Main Street and close nearby right in the action! In addition to being very close by SUNY Cortland (home to ~7000

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Home facts

  • Year built:1890
  • Listing ID #:R1638159
  • Added:1 day(s) ago
  • Updated:September 15, 2025 at 08:11 PM

Rooms and interior

  • Bedrooms:10
  • Living area:8,360 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric, Forced Air, Gas, Hot Water

Structure and exterior

  • Roof:Membrane, Rubber
  • Year built:1890
  • Building area:8,360 sq. ft.
  • Lot area:0.05 Acres

Schools

  • Elementary school:Alton B Parker

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$167.46
  • Tax amount:$22,289

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