71 Main Street

71 Main St Binghamton, NY 13905

71 Main St, Binghamton, NY, 13905
71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905 71 Main St, Binghamton, NY, 13905
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$715,000
Last Verified:
Oct 18, 2024

Daily Email Blast
0 times


Highlights

  • Prime Main St location, walkable to Downtown Binghamton.
  • Features rich woodwork, 5 fireplaces, and multiple bathrooms.
  • Includes a 1-bed and 3-bed apartment, plus a detached carriage house.
  • Zoned for Student Housing with great redevelopment potential.
  • Owner financing at 4% with flexible terms and 20% down.

Description

This stunning 10,472 SF Colonial building on Main St, Binghamton, at the corner of Chapin and Main, is a prime opportunity in a sought-after location. Just a short walk from the Court St Bridge and Downtown Binghamton, it boasts a high walk score of 82 and daily traffic of 17,127. With recent zoning changes, this property is ideal for student housing, professional offices, a boutique hotel or private event space. The building features rich woodwork, 5 fireplaces, multiple bathrooms, and includes a 1-bed and 3-bed apartment. It also offers a detached brick carriage house ready for development, a 4-car garage, and 22 surface parking spaces. Owner financing is available to qualified buyers at 4% (below market rate) with a flexible term and 20% down payment. Perfect for redevelopment—don’t miss this opportunity!

This is an excellent location. Directly on Main St. at the Corner of Chapin and Main. This is walking distance to The Court St Bridge and all that Downtown Binghamton has to offer. This has a walk score of 82 (very walkable) and an average daily traffic count at this location of 17,127. With recent changes to The City of Binghamton zoning laws this location is acceptable for Student Housing.


Year Built: 1960
Building Size: 10472sq ft
Lot Size: 0.48 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 71 Main St, Binghamton, NY, 13905

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.