272 Main St

272 Main St, Binghamton, NY 13905

  • For Sale $639,000
  • Property Type Multi-Family
  • Property Size 5,700 SF
  • Units 12
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1960
  • Date Updated Oct 15, 2024
This prime location on Main Street in Binghamton is perfect for multifamily housing, offering high visibility across from a new commercial development. With a strong rental demand and direct access to public and student bus lines, the area boasts a walkability score of 79, making it convenient for residents to enjoy nearby restaurants, shops, and amenities. The site sees an average daily traffic count of 12,654, and with commercial zoning, student housing is also a viable option, ideal for those attending either the Vestal or Johnson City campuses.Prime investment opportunity: fully leased 12-unit multifamily property on Main Street in Binghamton, offering excellent rental demand in a highly sought-after location. Directly across from a new commercial development, this property provides convenient access to public and student bus lines, with a walkability score of 79, close to numerous restaurants, shops, and amenities. The building consists of six 2-bedroom and six 1-bedroom units, each with separate electric meters. Recent improvements include a new boiler (2022), roof coating (2023), and upgraded security systems. With 12,654 daily traffic count and commercial zoning, this property is ideal for multifamily or student housing, ensuring strong cash flow and growth potential.

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Highlights

  • 12 Units: 6, 2 Bed Units and 6, 1 Bed Units.
  • Separate Electric.
  • Excellent Main St Location.
  • Student Housing permissible in this zone.
  • On the public and student bus lines.
  • Many recent updates.
  • Fully Leased.

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable
  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Sunoco

    0.98 miles

  • Sunoco

    1.00 miles

  • Gulf

    1.73 miles

  • Mirabito

    1.84 miles

  • Speedway

    1.99 miles

  • Sunoco

    2.02 miles

  • Speedway

    2.24 miles

  • Mirabito

    2.29 miles

  • Citgo

    2.74 miles

  • Kwik Fill

    3.12 miles

  • Lot HSC2

    0.80 miles

  • Lot HSC1

    0.91 miles

  • Lot J

    1.41 miles

  • Lot J1

    1.47 miles

  • Lot UDC

    1.48 miles

  • Lot J3

    1.48 miles

  • Lot J2

    1.48 miles

  • Lot J4

    1.54 miles

  • Lot E1

    1.65 miles

  • Lot S2

    1.73 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    0.81 miles

  • Residence Inn

    1.39 miles

  • Holiday Inn Binghamton Downtown

    1.44 miles

  • The Grand Royale Hotel

    1.56 miles

  • Econo Lodge

    1.97 miles

  • Surestay Plus

    1.97 miles

  • Hampton Inn Binghamton/Johnson City

    1.98 miles

  • Quality Inn & Suites

    1.98 miles

  • La Quinta Inn

    2.00 miles

  • Red Roof Inn

    2.08 miles

  • Burger King

    0.10 miles

  • Wendy's

    0.52 miles

  • McDonald's

    0.53 miles

  • Popeyes

    0.54 miles

  • Piccolo's Cafe

    0.56 miles

  • Foliage

    0.86 miles

  • Phuong Nam Vietnamese Restaurant

    0.90 miles

  • My Thai Restaurant

    0.99 miles

  • New Century

    0.99 miles

  • Red Robin

    1.02 miles

  • Thomas Jefferson School

    0.24 miles

  • Wilson School

    0.43 miles

  • Saint Thomas Aquinas School

    0.47 miles

  • Saint Anns School

    0.64 miles

  • Saint Stanislaus School

    0.69 miles

  • Saint Cyril and Methodius Parochial School

    0.74 miles

  • Horace Mann Elementary School

    0.75 miles

  • Saint James Parochial School

    0.75 miles

  • Daniel S Dickinson School

    0.78 miles

  • Seton Catholic Central High School

    0.86 miles

  • First Presbyerian Nursery School

    5.49 miles

Frequently Asked Questions

How much does 272 Main St cost?

The space currently listed for sale at 272 Main St asks for $639,000.

What is the total square footage of 272 Main St?

272 Main St totals 5,700 square feet.

When was this property built?

272 Main St was built in 1960.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors