263 Washington
263 Washington St
Binghamton, NY 13901
Highlights
- 8,877 SF mid-rise with plans for 26 units
- Commercial zone supporting residential use
- Interior framing advanced and utilities present
- Walkable setting near university, restaurants, offices, and services
Description
263 Washington Street is an 8,877 SF mid-rise building constructed in 1960 with plans for 26 residential units. Interior framing has been advanced throughout the structure, providing a base for a new owner to complete unit layouts, finishes, and common areas without starting from scratch.
The building configuration supports studio and one-bedroom plans, which align with proven demand in the local rental market. Existing utilities and prior buildout work offer a practical starting point for redevelopment, while the commercial zone supports residential use and positions the property for long term income generation once construction is completed and units are ready for lease.
The property sits within Downtown Binghamton, a walkable district anchored by restaurants, bars, the Binghamton University Downtown Center, professional offices, and daily services. The surrounding rental market benefits from a dense student and young professional population supported by continued private investment in the core. Nearby multifamily properties reflect consistent demand and strong occupancy, reinforcing the case for a completed redevelopment at this address.
Documents
Offering Memorandum (Auction) 12.2025263 Washington Street Scanned Plans (1).pdf
