71 Main St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$715,000 USD
607-621-0439
71 Main St, Binghamton, NY for Sale
$715,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

71 Main St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Directly on Main St at the corner of Chapin.
  • Large complex. 10,472 SF.
  • 4 Car detached Garage.
  • 2 Story Brick Carriage house.
  • 22 Surface parking spaces.
  • Walking distance to Downtown Binghamton.

OVERVIEW

71 Main Street is a 10,472 SF Colonial-style property offering strong visibility and walkability within Binghamton. Located near downtown and the Court Street Bridge, the property benefits from a walk score of 82 and daily traffic counts of approximately 17,127 vehicles. Recent zoning updates allow for a variety of uses including student housing, professional offices, boutique hospitality, or private event space. The building features original woodwork, five fireplaces, multiple bathrooms, and a flexible layout suited for adaptive reuse. Two existing residential units provide added income potential. The site also includes a detached brick carriage house, a four-car garage, and approximately 22 on-site parking spaces. Owner financing is available to qualified buyers at a below-market 4% interest rate with flexible terms and 20% down.

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$44 USD /SF

# OF UNITS

2

PRICE/UNIT

$357,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

030200-160-039-0001-012-000-0000

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 Notice.