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19 Clinton Street

$119,000

19 Clinton Street, Binghamton, NY 13905

Active
Last Updated: 06/02/2026

5.87

Cap Rate

8,808

NOI

Details:
Cap Rate:    5.87%
NOI:    $8,808
Building Size:    4,000 sqft
Lot Area:    0.19 acres
Units:    3
Floors:    2
Description:

The property includes a two-bedroom apartment, approximately 1,100 square feet of retail space, and a 3,000 square foot wood-framed warehouse. This layout supports multiple income streams while allowing flexibility for an investor to adjust the tenant mix or reposition the asset over time.

The retail space has received approval for conversion into an additional two-bedroom apartment, creating a clear opportunity to increase residential density and align the property with ongoing rental demand in the area. The warehouse component adds further utility, supporting storage or light commercial use depending on ownership strategy.

The site’s size allows for on-site parking and operational use, adding practical value in a well-trafficked, accessible location. 19 Clinton Street offers a straightforward value-add opportunity with existing income, conversion potential, and long-term flexibility.


19 Clinton Street, a mixed-use property positioned at the base of the Clinton Street Bridge with direct access to Downtown Binghamton and the surrounding roadway network. The location provides consistent visibility, strong accessibility, and proximity to both commercial activity and established residential demand.



Mixed-use asset with residential, retail, and warehouse components
Located at the base of the Clinton Street Bridge with direct access to Downtown Binghamton
Approved conversion of retail space to additional 2-bedroom unit
Multiple income streams with flexibility to reposition toward residential use
3,000 SF warehouse supports storage or light commercial operations
Large parcel with on-site parking and operational utility
Value-add opportunity through lease-up, conversion, and improved use mix

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