71 Main St

71 Main St, Binghamton, NY 13905

Accepting Offers
71 Main St71 Main St71 Main St71 Main St
Asking Price

$690,000

71 Main St

71 Main St, Binghamton, NY 13905

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.48 Acres

Number of Units: 1

Property Type: Multifamily

Year Built: 1960

Number of Floors: 3

Property Size: 10,472 SF

Investment 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 4.75% with flexible terms and 20% down.

71 Main Street

71 Main Street is a 10,472 SF Colonial-style property offering strong visibility and walkability within Binghamton. Located near downtown and the Court Street Bridge, the property benefits from a walk score of 82 and daily traffic counts of approximately 17,127 vehicles. Recent zoning updates allow for a variety of uses including student housing, professional offices, boutique hospitality, or private event space. The building features original woodwork, five fireplaces, multiple bathrooms, and a flexible layout suited for adaptive reuse. Two existing residential units provide added income potential. The site also includes a detached brick carriage house, a four-car garage, and approximately 22 on-site parking spaces. Owner financing is available to qualified buyers at a below-market 4% interest rate with flexible terms and 20% down.

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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