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32922309
32922310

299 Clinton Street, Binghamton, NY 13905

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
CL
NY 10401324866
SVN Innovative Commercial Advisors
Listed by SVN Innovative Commercial Advisors
$299,000
38 days on market
Updated 10 days ago
Opportunity zone

299 Clinton Street

Details
Property Type Multifamily
Sub Type Low-Rise/Garden
Square Footage 2,852
Units 5
Buildings 2
Investment Type Value Add

299 Clinton Street, Binghamton, NY 13905

Marketing description

Offered for sale is an 8-bed, 5-bath, two-building mixed-use investment opportunity located along Clinton Street in Binghamton, just two blocks from the Glenwood Avenue interchange. The property is currently configured with four residential units and one commercial space, generating $47,100/year in gross income and providing a balanced income stream in a well-trafficked and accessible location.

The asset offers immediate upside through pre-approval for an additional one-bedroom unit on the ground floor, allowing a new owner to increase density and revenue without navigating the entitlement process. Positioned along a highly visible corridor, the property benefits from approximately 9,500 vehicles per day on Clinton Street and over 7,500 vehicles per day on Glenwood Avenue, supporting both residential demand and commercial exposure.

With in-place income, expansion potential, and strong underlying location fundamentals, the property presents a clear value-add opportunity. The combination of multiple buildings, mixed-use configuration, and additional unit potential positions this offering for both stable cash flow and future income growth within one of Binghamton’s established commercial corridors.

Investment highlights

  • Two-building mixed-use investment with 4 residential units and 1 commercial space
  • Pre-approval in place for an additional one-bedroom unit, creating immediate upside
  • Located two blocks from the Glenwood Avenue interchange with strong accessibility
  • High-visibility corridor with approximately 9,500 vehicles per day on Clinton Street
  • Diversified income stream with both residential and commercial tenancy
  • In-place cash flow with potential to increase revenue through added unit
  • Positioned within a proven Binghamton submarket supporting long-term occupancy

Listing Contacts

SW
NY NY 10301220936, NY 10491212432
SVN Innovative Commercial Advisors
CL
NY 10401324866
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
Name
Coty Lunn
License
10401324866
Brokerage
SVN Innovative Commercial Advisors
Title
Commercial Real Estate Salesperson
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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