257 Washington St | Binghamton, NY 13901
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- LoopNet Team
257 Washington St
Binghamton, NY 13901
Lender-Driven Sale Multifamily · Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- 18-unit multifamily with value-add potential, ideal for investors seeking a well-located, income-producing portfolio addition.
- Outstanding proximity to Binghamton University, a top-ranked New York public institution with more than 18,000 students driving strong rental demand.
- Binghamton enjoys robust rental demand within a 2-mile radius, where 60% of households are renter-occupied.
- Prime Center City location in Downtown Binghamton, surrounded by local businesses, breweries, bars, and specialty retail.
- Tenants benefit from prime central location with fast access to Route 17 and Interstates 86 and 81, enhancing convenience and lifestyle appeal.
PROPERTY FACTS
| Sale Condition | Auction Sale | Lot Size | 0.42 AC |
| Type of Ownership | Fee Simple | Building Size | 12,544 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1926/2016 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Low-Rise | Parcel Number | 030200-160-033-0001-007-000-0000 |
| Building Class | B | ||
| Zoning | CI - commercial and residential use | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.42 AC |
| Building Size | 12,544 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2016 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | CI - commercial and residential use |
| Parcel Number | 030200-160-033-0001-007-000-0000 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Heating
- Security System
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Wi-Fi
- Island Kitchen
- Loft Layout
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Video Patrol
- Furnished Units Available
- Gas Range
- Vintage Building
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 7 | - | 380 |
| 1+1 | 7 | - | 625 - 850 |
| 2+1 | 3 | - | 875 - 1,375 |
| 3+2 | 3 | - | 1,275 - 1,375 |
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