1606-1608 Tracy St
$1,499,000
1606-1608 Tracy St., Endicott, NY 13760
29,496 sqft
Building Size
0.17 acres
Lot Area
Details:
Highlights:
- 18-unit multifamily investment across two contiguous buildings
- Largely occupied with immediate in-place income
- Recent improvements to apartment interiors and building systems
- Benefited from a broader capital-improvement program exceeding $278,000
- Upgrades include appliances, HVAC components, water heaters, flooring, interior finishes and roof work
- Reduced near-term capital requirements
- Additional upside through remaining renovations, rent growth and operating efficiencies
- Convenient access to Route 26, Route 434 and Interstate 86
- Near major employers, national retailers and essential services
- Supported by stable multifamily demand and limited new housing supply
Description:
1606–1608 Tracy Street offers 18 apartment units across two contiguous buildings in Endicott, New York. The largely occupied portfolio provides immediate in-place income with additional upside through continued unit upgrades, rent growth and operating efficiencies.
Situated on approximately 0.17 acres with a combined building footprint of approximately 11,376 square feet, the properties benefited from a broader portfolio improvement program exceeding $278,000. Completed work included unit repairs, appliances, HVAC components, water heaters, flooring, interior finishes and roof improvements, reducing near-term capital requirements while preserving additional value-add potential.
The property offers convenient access to Route 26, Route 434 and Interstate 86 and is near major employers, national retailers and essential services. Stable multifamily vacancy, limited new supply and continued regional investment support long-term rental demand.
Located one block from Main Street, 1606–1608 Tracy Street offers convenient access to NYS Route 26, Interstate 86 and Route 434, providing efficient connectivity throughout the Greater Binghamton area. The property is positioned near major employment centers, including BAE Systems, the Huron Campus and UHS facilities, as well as established shopping, dining and essential services. This combination of accessibility, employment proximity and neighborhood amenities supports consistent tenant demand and retention. Continued public and private investment in Endicott further strengthens the property’s long-term position within the local multifamily market.
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Location
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