# 221 N Prospect Street, Herkimer, NY 13350 > **TL;DR:** commercial, $209,900 ($37/sqft), built 1974, 5,652 sqft. Est. $1,122/mo. Listed 30 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $209,900 | | Price/sqft | $37 | | Square Feet | 5,652 | | Year Built | 1974 | | Lot Size | 6,970 sqft (0.16 acres) | | Stories | 2 | | Property Type | Commercial (Apartment) | | Status | Active | | Days on Market | 30 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,061 | | Estimated Insurance | $61 | | **Total** | **$1,122** | ## Property Highlights - Built in 1974 - 0.16 acre lot - 2 stories - 6 parking spaces ## Description ### Agent Description Excellent investment opportunity in a convenient location! This well-maintained five-unit apartment building offers a desirable mix of units, including three one-bedroom apartments, one studio, and one two-bedroom apartment. The property features a relatively new roof and has been well cared for, making it an appealing addition to any investment portfolio.All five units are currently rented, providing immediate income, while the current rents offer significant upside potential for a new owner. With rents positioned below current market potential, there is an opportunity to increase income and improve the property's overall cash flow over time.The location is hard to beat, with direct access to Herkimer College and all of the village's amenities within easy travel distance. Tenants also benefit from six dedicated parking spaces.Whether you're looking to expand your rental portfolio or seeking a property with strong potential to increase revenue, this five-unit property offers location, condition, existing income, and plenty of room for growth. ## Location - **Address:** 221 N Prospect Street, Herkimer, NY 13350 - **County:** Herkimer - **Coordinates:** 43.026692, -74.989689 - **Google Maps:** https://www.google.com/maps?q=43.026692,-74.989689 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/syr/S1718227 ## Listing Agent - **Name:** Sarah L. Roy · **License:** 40RO1105903 - **Brokerage:** Faith Properties, Inc. - **Broker Phone:** (315) 447-1351 ## Photos ![221 N Prospect Street - Photo 1](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f2557611926r.jpg) ![221 N Prospect Street - Photo 2](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3401229470r.jpg) ![221 N Prospect Street - Photo 3](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1647133680r.jpg) ![221 N Prospect Street - Photo 4](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1907198401r.jpg) ![221 N Prospect Street - Photo 5](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3476095848r.jpg) ![221 N Prospect Street - Photo 6](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f34623392r.jpg) ![221 N Prospect Street - Photo 7](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3214591465r.jpg) ![221 N Prospect Street - Photo 8](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1016100167r.jpg) ![221 N Prospect Street - Photo 9](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f2988064458r.jpg) ![221 N Prospect Street - Photo 10](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1048008422r.jpg) ![221 N Prospect Street - Photo 11](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f40723952r.jpg) ![221 N Prospect Street - Photo 12](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3620871187r.jpg) ![221 N Prospect Street - Photo 13](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f2257832681r.jpg) ![221 N Prospect Street - Photo 14](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3574253986r.jpg) ![221 N Prospect Street - Photo 15](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3182037713r.jpg) ![221 N Prospect Street - Photo 16](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1074038756r.jpg) ![221 N Prospect Street - Photo 17](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3604185989r.jpg) ![221 N Prospect Street - Photo 18](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f1936670887r.jpg) ![221 N Prospect Street - Photo 19](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f3958831051r.jpg) ![221 N Prospect Street - Photo 20](http://lh.rdcpix.com/89077111859fb6925410ce437c38cc24l-f972634552r.jpg) --- **MLS#:** S1718227 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/221-n-prospect-street-herkimer-ny-13350-9e1367592e97481a80be54cd83d87da4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/221-n-prospect-street-herkimer-ny-13350-9e1367592e97481a80be54cd83d87da4#listing", "url": "https://staging.propertysimple.ai/listing/221-n-prospect-street-herkimer-ny-13350-9e1367592e97481a80be54cd83d87da4", "name": "221 N Prospect Street, Herkimer, NY 13350", "description": "Excellent investment opportunity in a convenient location! This well-maintained five-unit apartment building offers a desirable mix of units, including three one-bedroom apartments, one studio, and one two-bedroom apartment. 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