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For sale
  • $1,799,000

    257 Washington St, Binghamton, NY 13901

    24beds
    --baths
    6,612sqft
    Multi Family, Apartment
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Immense potentialSeparate utilitiesBinghamton msa areaSecurity systemFully sprinklered interiorZoned ci
    Introducing a prime investment opportunity at 257 Washington St, Binghamton, NY, 13901. This historic 1926 building boasts 12,544 SF of space, featuring 20 units tailored for modern living. Zoned CI and strategically positioned in the Binghamton MSA area, this property offers immense potential for a savvy Multifamily / Mid-Rise investor. With 11 units finished and leased, this is an excellent value-add opportunity. This building has undergone significant high-end upgrades, including automatic locks on all doors, separate utilities, separate HVAC for all units, an elevator, a security system, and a fully sprinklered interior. Additionally, historical tax credits are available, offering valuable financial incentives for investors. The sale also includes all on-site equipment needed to complete the project. Don't miss out on this rare chance to invest in a property with such promising potential.
    79 days
    on Zillow
    |
    272
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 21, 2025 at 02:52pm

    Listing by:

    INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,

    Scott Warren,

    Angela M Martinez,

    INNOVATIVE COMMERCIAL ADVISORS

    Source: GBMLS,MLS#: 329888MLS LogoOriginating MLS: Greater Binghamton Association of REALTORS
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 257 Washington St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Cathedral Ceiling(s), Vaulted Ceiling(s)
    • Flooring: Hardwood, Tile
    • Basement: Walk-Out Access
    Interior area
    • Total interior livable area: 6,612 sqft
    • Finished area above ground: 13,224

    Property

    Parking
    • Parking features: Parking Space(s)
    Lot
    • Size: 0.42 Acres
    • Features: Level
    Details
    • Parcel number: 03020016003300010070000000
    • Zoning: Service Commercial
    • Zoning description: Service Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi-Family
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    • Foundation: Basement
    Condition
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Location
    • Region: Binghamton

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $1,193,492
    • Annual tax amount: $68,470
    • Date on market: 2/6/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: OWNER
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