257 Washington St.

Description:

Introducing a prime investment opportunity at 257 Washington St, Binghamton, NY, 13901. This historic 1926 building boasts 12,544 SF of space, featuring 20 units tailored for modern living. Zoned CI and strategically positioned in the Binghamton MSA area, this property offers immense potential for a savvy Multifamily / Mid-Rise investor. With 11 units finished and leased, this is an excellent value-add opportunity.

This building has undergone significant high-end upgrades, including automatic locks on all doors, separate utilities, separate HVAC for all units, an elevator, a security system, and a fully sprinklered interior. Additionally, historical tax credits are available, offering valuable financial incentives for investors. The sale also includes all on-site equipment needed to complete the project. Don't miss out on this rare chance to invest in a property with such promising potential.

Introducing a prime investment opportunity at 257 Washington St, Binghamton, NY, 13901. This historic 1926 building boasts 12,544 SF of space, featuring 20 units tailored for modern living. Zoned CI and strategically positioned in the Binghamton MSA area, this property offers immense potential for a savvy Multifamily / Mid-Rise investor. With 11 units finished and leased this is an excellent value add opportunity. This building has had significant high end upgrades. Including, automatic locks on all doors, separate utilities, separate HVAC for all units, elevator, security system and fully sprinklered. Don't miss out on this rare chance to invest in a property with such promising potential.


257 Washington Street is situated in the heart of downtown Binghamton and conveniently located near various dining, shopping, and entertainment options, providing easy access to the vibrant city life. This is an ideal location  to benefit from the Downtown Binghamton Student Housing Market. Its central location ensures excellent connectivity to major transportation routes, making it an ideal choice for those seeking both convenience and accessibility in Binghamton.


12,544 SF building
20 units for multifamily/mid-rise investment
Historic 1926 construction
Zoned CI for commercial and residential use
Located in Binghamton MSA area
Significant value add opportunity
Many high end finishes.