28 Frederick Street
$308,000
28 Frederick Street, Binghamton, NY 13901
5,888 sqft
Building Size
0.72 acres
Lot Area
Details:
Highlights:
- 5,888 SF building with 5 units, ideal for multifamily investment
- Zoned Residential Multi Unit, providing flexibility for various uses
- Prime location in Binghamton MSA area for maximum investment potential
- Corner lot spanning .72 acres for added visibility and space
- Easy access to State Route 7, I86, and I81 for convenient transportation
- Mix of 2 commercial and 4 residential units for diverse income streams
- Versatile property suitable for a range of potential uses
Description:
Six-unit mixed-use property located on a prominent corner at Frederick and Liberty Streets, one block from the Brandywine Highway interchange. The asset includes a fully leased commercial space, currently occupied by a church, additional office space available for lease, and four residential units consisting of one two-bedroom, two one-bedroom units, and one studio.
The property offers immediate in-place income with additional upside through lease-up of the vacant commercial space. Situated on 0.72 acres, the site includes a large on-site parking lot supporting both residential and commercial use.
Positioned directly across from new development along Liberty Street, the property benefits from strong visibility, high traffic counts, and convenient access to major roadways. A well-located asset with a combination of stable income and value-add potential.
28 Frederick Street occupies a highly accessible corner location at Liberty Street and Frederick Street, just one block from the Brandywine Highway interchange. This immediate proximity provides direct access to one of the area’s primary traffic corridors, with average daily traffic counts of approximately 38,198 vehicles.
The property offers exceptional regional connectivity, with quick access to Route 7, Interstate 86, and Interstate 81, allowing efficient travel throughout Binghamton and the surrounding Tri-City area. The majority of the local population and workforce can be reached within a 15-minute drive, supporting a wide range of potential commercial uses.
Documents:
| Title | ||
|---|---|---|
| Frederick_28_Aerial.pdf (copy) | ||
| Frederick_28_Aerial_a.pdf (copy) | ||
| Frederick_28_Traffic_Count_Profile.pdf (copy) | ||
| 28 Frederick Street - Offering Memorandum (4.2026) | ||
| Frederick_28_traffic_count.pdf |
Location
Gallery
