447-449 NY 31

Bridgeport, NY 13037

447–449 New York 31 in Bridgeport is a 5,315 square foot, six-unit multifamily property positioned directly across from Point Place Casino. The asset consists of five 1-bedroom units and one 3-bedroom unit, all currently rented below market, creating a clear value-add opportunity through rent adjustments and strategic improvements. Both buildings are primarily brick with additional siding, offering durability and low ongoing maintenance. The property includes two garages at the rear that can generate additional income, along with dedicated parking for all tenants. The location is strong, surrounded by everyday conveniences including gas stations, restaurants, and local shops. It also benefits from regional development, sitting roughly 19 minutes from the future Micron site in Syracuse, which is expected to drive long-term housing demand throughout the area. This is a well-located, stable asset with immediate upside potential.

Listing courtesy of Lisberto Calvo of SVN Innovative Commercial Advisors (607) 725-2246

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Last checked 2026-06-18 11:21 AM UTC