272 Main St

For Sale

272 Main St, Binghamton, NY 13905

This Binghamton property for sale is located at 272 Main St. The general use of 272 Main St is multi-family and it incorporates 5,700 square feet of class C multi-family space. The current listed sale price for 272 Main St is $639,000. 272 Main St is situated on a lot that is 0.23 acre in size.

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 5,700 SF
  • Units 12
  • Lot Size 0.23 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1960
  • Date Updated Nov 13, 2024
This prime location on Main Street in Binghamton is perfect for multifamily housing, offering high visibility across from a new commercial development. With a strong rental demand and direct access to public and student bus lines, the area boasts a walkability score of 79, making it convenient for residents to enjoy nearby restaurants, shops, and amenities. The site sees an average daily traffic count of 12,654, and with commercial zoning, student housing is also a viable option, ideal for those attending either the Vestal or Johnson City campuses.Prime investment opportunity: fully leased 12-unit multifamily property on Main Street in Binghamton, offering excellent rental demand in a highly sought-after location. Directly across from a new commercial development, this property provides convenient access to public and student bus lines, with a walkability score of 79, close to numerous restaurants, shops, and amenities. The building consists of six 2-bedroom and six 1-bedroom units, each with separate electric meters. Recent improvements include a new boiler (2022), roof coating (2023), and upgraded security systems. With 12,654 daily traffic count and commercial zoning, this property is ideal for multifamily or student housing, ensuring strong cash flow and growth potential.

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Highlights

  • 12 Units: 6, 2 Bed Units and 6, 1 Bed Units.
  • Separate Electric.
  • Excellent Main St Location.
  • Student Housing permissible in this zone.
  • On the public and student bus lines.
  • Many recent updates.
  • Fully Leased.

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    0.26 miles

  • Sunoco

    0.98 miles

  • Gulf

    1.73 miles

  • Mirabito

    1.84 miles

  • Tesla Supercharger

    3.19 miles

  • Lot HSC2

    0.80 miles

  • Lot HSC1

    0.91 miles

  • Lot J

    1.44 miles

  • Lot J1

    1.47 miles

  • Lot J3

    1.48 miles

  • Lot J2

    1.48 miles

  • Lot UDC

    1.50 miles

  • Lot J4

    1.54 miles

  • Lot E1

    1.65 miles

  • Lot S2

    1.73 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    0.81 miles

  • DoubleTree

    1.35 miles

  • Residence Inn

    1.39 miles

  • Holiday Inn Binghamton Downtown

    1.44 miles

  • The Grand Royale Hotel

    1.56 miles

  • Red Roof Inn Binghamton North

    1.89 miles

  • Econo Lodge

    1.97 miles

  • Comfort Inn & Suites

    1.97 miles

  • Hampton Inn Binghamton/Johnson City

    1.98 miles

  • Quality Inn & Suites

    1.98 miles

  • Price Chopper

    0.14 miles

  • Big Lots

    0.23 miles

  • Walmart Supercenter

    0.64 miles

  • A-1 Grocery & Halal Meat

    0.64 miles

  • Walmart

    0.68 miles

  • NOOR Halal Food & More

    0.82 miles

  • Dollar Depot

    1.03 miles

  • Boscov's

    1.38 miles

  • Plaza 5

    1.81 miles

  • ALDI

    1.85 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors