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Property at 6208 State Highway 28, Otsego, NY 13337
ACTIVE
0
$850,000

6208 State Highway 28Otsego, NY, 13337

6 Beds4 Baths12,234 SqFt2.06 Acres
Welcome to 6208 NY-28 in Fly Creek — a rare mixed-use investment opportunity that perfectly blends small-town charm, modern updates, and immediate business potential. Ideally located just minutes from Cooperstown and the renowned Fly Creek Cider Mill, this highly visible corner property sits in the heart of the hamlet, offering outstanding exposure for business and convenience for residents alike. This impressive building features two commercial spaces and four residential rental units, creating multiple income streams under one roof. The anchor commercial space is currently configured as a fully equipped restaurant and bar, featuring an elegant dining room with tall ceilings, hardwood floors, and large windows that fill the space with natural light. A professional kitchen, handcrafted bar, and outdoor deck create the perfect setting for indoor and seasonal dining. The restaurant space is ready for its next chapter, offering an opportunity for an operator to step in and bring their concept to life quickly. Ownership is open to assisting during the transition to help ensure a smooth start for the next steward of this well-known local establishment. Adjacent to the restaurant is a second commercial storefront currently operating as a consignment shop. With its own entrance, display windows, and flexible layout, this space offers excellent potential for retail, office, gallery, or studio use. Upstairs are four spacious residential apartments, each well maintained with updated kitchens and baths, comfortable living areas, and private entrances. These units provide consistent rental income and strong occupancy history, creating reliable cash flow to complement the commercial spaces below. Additional highlights include ample parking, updated mechanical systems, and a beautifully restored exterior that reflects the timeless character of Fly Creek. The property also features scenic rear views and a generous lot with open green space. Motivated seller - with multiple income streams and a business-ready restaurant space, this property presents a compelling opportunity for investors or entrepreneurs alike.
1 / 50

Est. Monthly

$4,029/mo

$850,000

6208 State Highway 28, Otsego, NY

6 Beds4 Baths12,234 SqFt2.06 Acres

Welcome to 6208 NY-28 in Fly Creek — a rare mixed-use investment opportunity that perfectly blends small-town charm, modern updates, and immediate business potential. Ideally located just minutes from Cooperstown and the renowned Fly Creek Cider Mill, this highly visible corner property sits in the heart of the hamlet, offering outstanding exposure for business and convenience for residents alike. This impressive building features two commercial spaces and four residential rental units, creating multiple income streams under one roof. The anchor commercial space is currently configured as a fully equipped restaurant and bar, featuring an elegant dining room with tall ceilings, hardwood floors, and large windows that fill the space with natural light. A professional kitchen, handcrafted bar, and outdoor deck create the perfect setting for indoor and seasonal dining. The restaurant space is ready for its next chapter, offering an opportunity for an operator to step in and bring their concept to life quickly. Ownership is open to assisting during the transition to help ensure a smooth start for the next steward of this well-known local establishment. Adjacent to the restaurant is a second commercial storefront currently operating as a consignment shop. With its own entrance, display windows, and flexible layout, this space offers excellent potential for retail, office, gallery, or studio use. Upstairs are four spacious residential apartments, each well maintained with updated kitchens and baths, comfortable living areas, and private entrances. These units provide consistent rental income and strong occupancy history, creating reliable cash flow to complement the commercial spaces below. Additional highlights include ample parking, updated mechanical systems, and a beautifully restored exterior that reflects the timeless character of Fly Creek. The property also features scenic rear views and a generous lot with open green space. Motivated seller - with multiple income streams and a business-ready restaurant space, this property presents a compelling opportunity for investors or entrepreneurs alike.

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1970
Days on Market72 days

Est. Monthly Payment

$4,028.98

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

6208 State Highway 28

Otsego, NY 13337 • Otsego
6
Beds
4
Baths
12,234
SqFt
2.06
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
197056 years ago
Days on Market
72 days
Property History
  • Listed for sale
    Mar 10, 2026 • NYSAMLS • S1666125
    $850,000
  • Price reduced
    Feb 17, 2026 • NYSAMLS • S1647803
    $889,000 → $850,000
  • Listed for sale
    Oct 28, 2025 • NYSAMLS • S1647803
    $910,000
Mortgage Calculator
Estimated monthly payment for this property
$4,028.98
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1666125
  • Listing Office
    River Hills Properties LLC Lf
  • Last Updated
    32 days ago

Appliances

  • Appliances
    Propane Water Heater

Climate & Systems

  • Heating
    • Propane
    • Forced Air

Interior Features

  • Flooring
    • Hardwood
    • Linoleum
    • Other
    • See Remarks
    • Varies
    • Vinyl
  • Basement
    Full

Parking

  • Parking Features
    • Common
    • On Street

Lot & Grounds

  • Lot Size
    2.06 acres
  • Lot Features
    • Corner Lot
    • Irregular Lot
  • Exterior Features
    Propane Tank Leased

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    Vinyl Siding
  • Roof
    • Asphalt
    • Flat
    • Shingle

Condition

  • Year Built
    1970
  • Condition
    Resale
  • Days on Market
    72 days
  • Water
    Well
  • Sewer
    Septic Tank
Also Listed On
  • NYSAMLS
    1 related listing
    Active$850,000

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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