136 Washington St - Apartments FOR SALE


Binghamton, NY 13901- Center City
$850,000 USD
607-621-0439
136 Washington St, Binghamton, NY for Sale
$850,000 USD
Apartments - FOR SALE
1/1
null | 6.77% Cap Rate

136 Washington St
Binghamton, NY 13901
Center City


HIGHLIGHTS

  • Directly on picturesque Washington St
  • Neighboring approximately 1,300 Student Beds
  • Very Walkable score of 88
  • Walking distance to the SUNY bus lines and all of Downtown Binghamton
  • Premium Street Level Retail Space

OVERVIEW

Property Description This is a rare opportunity to acquire a turnkey, high-quality student housing complex in the heart of Downtown Binghamton, located on the charming and newly renovated Washington Street. The property offers a premium location, just steps from the SUNY Bus lines and all the vibrant amenities Downtown has to offer, including popular spots like Strange Brew and Craft. With a walkability score of 88, this mixed-use building features prime street-level retail space and well-maintained apartments above. Situated near approximately 1,300 student housing beds, this highly desirable location rarely sees vacancies in Binghamton’s competitive student housing market. Location Description This prime Downtown Binghamton location sits right on the scenic Washington Street, which has recently undergone significant beautification efforts. It's within walking distance to SUNY Bus lines and all of Downtown Binghamton's vibrant amenities. Located directly across from popular spots like Strange Brew and Craft, this area boasts an impressive walkability score of 88. Situated at the heart of the city, the property is also in close proximity to approximately 1,300 student housing beds, making it a highly desirable and accessible spot for both residents and visitors.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$136 USD /SF

# OF UNITS

6

PRICE/UNIT

$141,667

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

030200-160-041-0004-006-000-0000

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.