59 Grand Ave.

Highlights:

• 8-unit multifamily investment opportunity in Johnson City, NY
• Unit mix consists of eight one-bedroom apartments
• Located in the heart of Johnson City’s expanding healthcare and education corridor
• Walking distance to the new UHS medical complex
• Walking distance to Binghamton University’s School of Pharmacy and Pharmaceutical Sciences
• Near Binghamton University’s Decker College of Nursing and Health Sciences
• Ideally positioned for healthcare staff, university faculty, staff, graduate students, and area professionals
• Strong tenant appeal due to walkable access to major employment and education anchors
• Efficient one-bedroom unit mix supports broad rental demand
• Located near Main Street, Riverside Drive, public transportation, retail, restaurants, and everyday amenities
• Benefits from continued redevelopment and institutional investment in Johnson City
• Attractive opportunity to acquire a well-located multifamily asset in a growing rental submarket
• Strong long-term rental fundamentals supported by healthcare, education, and service-sector demand

Description:

Excellent opportunity to acquire an 8-unit multifamily property in the heart of Johnson City’s expanding healthcare and education corridor. The building consists of eight one-bedroom units and is ideally positioned within walking distance of the new UHS medical complex, Binghamton University’s School of Pharmacy and Pharmaceutical Sciences, and the Decker College of Nursing and Health Sciences.

This location provides strong tenant appeal for healthcare professionals, university faculty, staff, graduate students, and other residents seeking convenient access to major employment and education anchors. The property benefits from Johnson City’s continued investment and redevelopment activity, while offering investors a stable residential asset in a market supported by institutional demand drivers.

With its efficient unit mix, walkable location, and proximity to significant new development, 59 Grand Avenue represents a compelling multifamily investment opportunity with durable long-term rental demand.

59 Grand Avenue is exceptionally well located in Johnson City, NY, within walking distance of the new UHS medical complex and Binghamton University’s School of Pharmacy and Pharmaceutical Sciences and Decker College of Nursing and Health Sciences. This immediate proximity to major healthcare and education anchors creates a strong location advantage and supports consistent residential rental demand from medical professionals, faculty, staff, graduate students, and other area employees.

The property also benefits from convenient access to Main Street, Riverside Drive, Harry L Drive, Route 17/I-86, and public transportation, providing direct connectivity throughout Johnson City, Binghamton, Endicott, Vestal, and the broader Southern Tier region. Nearby retail, restaurants, grocery options, and service amenities further enhance the tenant appeal of the location.

With its walkable access to major institutional demand drivers, central Johnson City location, and proximity to regional transportation corridors, 59 Grand Avenue is well positioned for long-term occupancy and durable rental performance.

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