607-621-0439
2 Crandall St, Binghamton, NY for Sale
Apartments - FOR SALE
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2 Crandall St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Crandall Hall Apartments have been fully renovated and received a new roof two years ago.
  • In Binghamton’s West Side neighborhood, which sits along the Susquehanna and Chenango Rivers, one bridge away from downtown.
  • There is no CapEx needed and strong in-place cash-flow, enabling a hands-free investment opportunity with value-add to raise rental rates.
  • Unit mix consists of 24 one-bed/ one-bath units across three stories; there is currently just one vacancy.
  • Building is elevator-served and fully sprinklered, and it offers electric heat with electricity separately metered and a coin-op laundry.

FOR SALE DETAILS

PRICE

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# OF UNITS

24

CAP RATE

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% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash-Flowing Crandall Hall Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Commercial

APN/PARCEL ID

030200-160-030-0002-023-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.