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Crandall Hall Apartments

$1,999,000

2 Crandall St, Binghamton, NY 13905

Active
Last Updated: 06/13/2025

14,430 sqft

Building Size

0.2752 acres

Lot Area

Details:
Building Size:    14,430 sqft
Lot Area:    0.2752 acres
Occupancy:    100%
Units:    24
Year Built:    1964
Floors:    3
Parking Spots:    24
Highlights:
  • Fully renovated building
  • Roof updated 2 years ago with 23 years left on the warranty
  • Elevator
  • Fully Sprinklered
  • Electric Heat with Electric separately metered
  • Coin Op Laundry
  • Off Street Parking
  • 100% Occupied
Description:

For sale is a fully renovated, 100% occupied 24-unit apartment building in Binghamton’s West Side. Located at the intersection of Main and Crandall Street, the property offers excellent visibility, a daily traffic count of 12,690, a Walk Score of 83, and direct access to public and SUNY bus lines.

Recent upgrades include a new roof (23-year warranty), elevator, separate electric meters, electric heat, high-speed internet, updated hot water heaters, full sprinkler system, off-street parking, and a tenant picnic area. With rents currently below Fair Market Rate, this asset delivers strong cash flow with clear value-add potential and no immediate CAPEX needed.

Located at the intersection of Main and Crandall Street in Binghamton’s vibrant West Side, this property benefits from exceptional accessibility and visibility. Just steps from Main Street—where traffic counts average 12,690 vehicles daily—the site enjoys a high Walk Score of 83, indicating a very walkable neighborhood. It's situated directly on both the public and SUNY bus lines, making it highly convenient for residents, students, and professionals alike. Surrounded by restaurants, retail, and essential services, this location offers seamless access to the best of Binghamton's West Side amenities.

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