59 Grand Ave and 7 Tremont Ave.

59 Grand Ave, Johnson City, NY 13790

Accepting Offers
59 Grand Ave and 7 Tremont Ave. 59 Grand Ave and 7 Tremont Ave. 59 Grand Ave and 7 Tremont Ave. 59 Grand Ave and 7 Tremont Ave.
Asking Price

$1,360,000

59 Grand Ave and 7 Tremont Ave.

59 Grand Ave, Johnson City, NY 13790

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1970

Land Area: 0.2 Acres

Number of Units: 20

Property Type: Multifamily

Occupancy %: 100

Year Renovated: 2025

Number of Floors: 2

Property Size: 11,082 SF

Investment Highlights

  • 20 total multifamily units across two properties
  • 100% one-bedroom apartment mix
  • Fully occupied with strong occupancy history
  • Significant renovations and property improvements completed
  • Stable in-place cash flow
  • Brick construction with strong curb appeal
  • Located in established Johnson City and Binghamton rental corridors
  • Convenient access to healthcare, Downtown Binghamton, retail, and public transportation

59 Grand Ave Johnson City and 7 Tremont Ave. Binghamton

Offered for sale is a 20-unit multifamily portfolio consisting of 59 Grand Avenue in Johnson City and 7 Tremont Avenue in Binghamton. The portfolio is comprised entirely of one-bedroom apartments and is currently fully occupied, reflecting strong occupancy history and stable tenant demand across both assets. Both properties have benefited from substantial renovations and ongoing improvements, allowing investors to acquire stabilized multifamily assets with limited near-term capital requirements. Priced at approximately $69,950 per unit, the portfolio presents an attractive opportunity to acquire scale, dependable cash flow, and operational efficiency within two established Southern Tier rental markets.

Sale FAQs

Investment Sales Broker

Scott Warren, CCIM

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

NY License: 10491212432

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXX

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