Address
23 Front Street Binghamton, NY
Price
$ 825,000
Property Attributes
  • MLS#305947
  • TypePending
  • CountyBROOME
  • CityBinghamton
  • AreaBinghamton
  • Zip13905
  • Style
  • Year Built1985
  • Taxes$ 7098
  • Price$ 825,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6613
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
Maureen Wilson with PYRAMID BROKERAGE COMPANY
Data Source:
Greater Binghamton Association of REALTORS
Property Description

This historic home designed by a Binghamton architect Sanford Lacey was extensively renovated in 2013 through 2015 to a three-unit, 12 bedroom high-end boutique student housing apartment building. Fully occupied from 2013 through the present. Fully leased through May 2021 (May 2022 pending). Each unit has four bedrooms, a living area, a fully equipped kitchen, 1-2 full bathrooms (5 total), porches. Units are fully furnished. Within walking distance to downtown Binghamton and Binghamton University downtown campus. Adjacent properties include Victorian mansions converted to upscale offices; 50 Front Street (high-end apartments), and Roberson Museum. Monthly rent per bedroom is $775; proforma net income $67,000. Financials are available upon request. Zoning is neighborhood office, which includes uses permitted in R-3, including a 3 unit apartment.

Price History
8/6/2020 Listed $825,000

General Features

Construction Materials Frame
Elementary School District Binghamton
High School District Binghamton
Levels Two
MLS Area Area 04
Middle/Junior School District Binghamton
Property SubType Other
Property Type Commercial Sale
Sewer Public Sewer
Stories 2
Township Binghamton
Utilities Electricity Available, Natural Gas Available

Interior Features

Living Area 6613

Exterior Features

Lot Size Area 0.35
Lot Size Units Acres
Road Frontage Type City Street
Road Surface Type Asphalt
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 13905

Price
AVG $160K
$830K
Taxes
AVG $4,715
$7,098
Visits
AVG 7
8
Year Built
AVG 1934
1985
Walkscore
AVG 56
73
Data Provided by Walkscore ® not using MLS data
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