41 1/2 Fayette
$489,000
41 1/2 Fayette Street, Binghamton, NY 13901
3,128 sqft
Building Size
0.05 acres
Lot Area
Details:
Highlights:
- Prime downtown location near Court Street, SUNY bus lines, and major employers
- Strong rental demand in an area undergoing active revitalization
- Low vacancy building. Currently fully occupied.
- In Binghamton's growing and developing Stadium District.
- Priced to sell above a 10 Cap Rate.
Description:
Well-maintained, fully leased and recently updated, 41 ½ Fayette Street features one 2-bedroom unit and three 3-bedroom units with modern finishes. Located just steps from Court Street and the SUNY Broome bus line, this property offers strong rental demand, low operating costs, and easy access to downtown amenities, hospitals, and the university district. Ideal for investors seeking steady cash flow in a growing market.
Located just a few blocks from Downtown Binghamton’s central business district, 41 ½ Fayette Street offers convenient access to shopping, dining, and public transportation. This walkable neighborhood sits near Court Street and the Chenango River, placing residents minutes from SUNY Broome bus lines, Government Plaza, and major employers. The property benefits from proximity to Binghamton University’s downtown campus, local parks, and key amenities including UHS and Lourdes Hospital systems. With easy connections to Route 434 and I-86, this location provides both city living and regional connectivity.
Documents:
| Title | ||
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| Offering_Memorandum.pdf |
Location
Gallery
