5-11 Avenue C, JOHNSON CITY, New York 13790
Multifamily | 13 Units
Marketing description
This potential 9-unit apartment building (8 residential and 1 commercial) spans approximately 12,024 square feet on a 0.14-acre lot, offering immense potential for visionary developers. Located just blocks from Binghamton University’s cutting-edge Pharmacy and Nursing Schools and within walking distance of UHS Wilson Medical Center, a premier regional hospital, this property enjoys a highly strategic location. Its position along a key route to BU's main campus ensures excellent connectivity, making it an attractive option for students, professionals, and commuters alike.
The residential component offers the potential for 8 spacious apartment units, currently envisioned as 4 two-bedroom apartments and 4 three-bedroom apartments, creating strong flexibility for student housing, workforce housing, or traditional multifamily rentals. While the building requires a complete restoration, it provides the perfect canvas for a developer to implement their own design and capitalize on the growing demand for quality housing in this rapidly evolving area. Don’t miss this unique opportunity to leave your mark on Johnson City’s urban landscape.
Full Walkthrough Video: https://www.youtube.com/watch?v=vnsHOw2Br9o&t=56s
Investment highlights
This potential 9-unit apartment building (8 residential and 1 commercial) spans approximately 12,024 square feet on a 0.14-acre lot, offering immense potential for visionary developers. Located just blocks from Binghamton University’s cutting-edge Pharmacy and Nursing Schools and within walking distance of UHS Wilson Medical Center, a premier regional hospital, this property enjoys a highly strategic location. Its position along a key route to BU's main campus ensures excellent connectivity, making it an attractive option for students, professionals, and commuters alike.
The residential component offers the potential for 8 spacious apartment units, currently envisioned as 4 two-bedroom apartments and 4 three-bedroom apartments, creating strong flexibility for student housing, workforce housing, or traditional multifamily rentals. While the building requires a complete restoration, it provides the perfect canvas for a developer to implement their own design and capitalize on the growing demand for quality housing in this rapidly evolving area. Don’t miss this unique opportunity to leave your mark on Johnson City’s urban landscape.
Full Walkthrough Video: https://www.youtube.com/watch?v=vnsHOw2Br9o&t=56s
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