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29479185
29479184

132 Main Street, Binghamton, NY 13905

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
Listed by SVN Innovative Commercial Advisors
$669,000
127 days on market
Updated 101 days ago

132 Main Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,918
Units 9
Cap Rate 8.24%
Price per SqFt $138
Year Built 1960
Lot Size (SqFt) 7,881
Investment Type Core+

Stabilized 9-Unit Asset with Recent Capital Improvements

Marketing description

Offered for sale is a well maintained 9-unit mixed use building with a proven rental profile. The unit mix includes three one-bedroom units, one efficiency, three studios, one two-bedroom unit, plus a separately leased office. The property has benefited from major capital improvements within the past five years, including a new roof, fire escape, plumbing, and electrical systems.

The building is professionally managed with an on-site superintendent in place and has demonstrated consistent performance supported by its Main Street setting, transit access, and commercial zoning that allows flexibility for multifamily or student housing use.

Investment highlights

9-unit mixed use property with leased office

Recent roof, fire escape, plumbing, and electrical upgrades

Commercial zoning with multifamily or student housing flexibility

On site superintendent and professional management

Listing Contacts

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
Listed by SVN Innovative Commercial Advisors

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Additional Information

Name
Scott Warren
License
NY 10301220936
Brokerage
Innovative Commercial Advisors
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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