263 Washington

263 Washington St Binghamton, NY 13901

263 Washington St, Binghamton, NY, 13901
263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901 263 Washington St, Binghamton, NY, 13901
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$699,000
Last Verified:
Mar 03, 2025

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Highlights

  • - 8,877 SF mid-rise building
  • - 26 units ideal for multifamily investment
  • - Ready for renovation.
  • - Prime commercial zoning for versatile use
  • -Walking distance to all of Downtown Binghamton.
  • - Significant value add opportunity.
  • - Strategic addition to real estate portfolio
  • - Proximity to amenities and transportation hubs

Description

Introducing 263 Washington St, an excellent investment opportunity in the heart of Binghamton, NY. This 8,877 SF mid-rise property, constructed in 1960, offers 26 units in a prime commercial zone. Much of the framework has been completed and is ready for restoration. The building is ideally positioned in the heart of Downtown Binghamton and walking distance to many of Binghamton's Restaurants, Bars and amenities. , making it a strategic addition to any real estate portfolio. Don't miss out on this significant value add opportunity in a prime location.

Discover the vibrant Binghamton MSA market where the property is located. Situated in the heart of Binghamton, NY, this area boasts a thriving commercial landscape with proximity to notable landmarks such as the Binghamton University and NYSEG Stadium. Investors will appreciate the area's strong potential for growth and development, as well as its diverse array of local amenities, trendy dining options, and cultural hotspots. This is an ideal location to benefit from the thriving Downtown Binghamton Student Housing Market.


Year Built: 1960
Building Size: 8877sq ft
Lot Size: 0.16 acres


Documents

SVN - Brochure (P)
263 Washington Street Scanned Plans (1).pdf

Map of 263 Washington St, Binghamton, NY, 13901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.