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346 Clinton St

$299,000

346 Clinton Street, Binghamton, NY 13905

Active
Last Updated: 05/07/2026

10

Cap Rate

4,442 sqft

Building Size

Details:
Cap Rate:    10%
Building Size:    4,442 sqft
Lot Area:    9 acres
Units:    4
Year Built:    1960
Zoning:    C-4
Floors:    2
Description:

Constructed of durable brick, the building offers a straightforward operating profile with in-place income and a balanced unit mix. The combination of location, exposure, and mixed-use functionality positions the asset well for continued performance. Priced to reflect a 10% cap rate, this offering presents a compelling opportunity for investors seeking stable cash flow with strong visibility and long-term positioning.


The property is positioned in a high-visibility location with strong traffic flow, benefiting from approximately 9,500 vehicles per day on Clinton Street and over 7,500 vehicles per day on Glenwood Avenue. Immediate access to Interstate 86 and surrounding arterial routes supports both tenant accessibility and long-term leasing stability.



Mixed-use building with 3 residential units and 1 ground-floor commercial space
High-visibility location at the intersection of Clinton Street and Glenwood Avenue
Strong traffic counts with approximately 9,500 vehicles per day on Clinton Street and 7,500 on Glenwood Avenue
Direct access to Interstate 86 supporting regional connectivity and tenant accessibility
Durable brick construction with a straightforward operating profile
Diversified income stream across residential and commercial tenancy
Priced to achieve a 10% cap rate with in-place cash flow

Map:
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