171 Front St, Vestal, NY for sale

171 Front St, Vestal, NY 13850

Accepting Offers
171 Front St, Vestal, NY for sale171 Front St, Vestal, NY for sale171 Front St, Vestal, NY for sale171 Front St, Vestal, NY for sale
Asking Price

$625,000

171 Front St, Vestal, NY for sale

171 Front St, Vestal, NY 13850

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1970

Number of Floors: 2

Parking Count: 10

Property Type: Multifamily

Occupancy %: 100

Land Area: 0.31 Acres

Number of Units: 9

Property Size: 8,722 SF

Investment Highlights

  • 16 income-producing spaces across three buildings
  • Diversified commercial, residential, and garage income
  • Stable cash flow with identifiable rental upside
  • Established tenant base with long-term investment potential
  • Ample parking and excellent Front Street visibility
  • Minutes from Binghamton University, major employers, and Route 17/I-86

Offering Summary

171 Front Street brings together 16 income-producing spaces into a single, diversified investment. The property includes six commercial suites, four residential apartments, and six detached garages, creating multiple independent revenue streams that provide stable cash flow today and identifiable upside for tomorrow. Commercial tenants are secured through existing lease agreements, while the residential apartments are leased month-to-month, offering flexibility to increase rents over time. Additional income from detached garages further enhances the property's long-term earning potential. Ample on-site parking supports both commercial and residential tenants, while the property's well-maintained condition and established tenant base provide a strong foundation for continued performance. Combining diversified income, stable in-place cash flow, and opportunities for future revenue growth, 171 Front Street offers investors a compelling mixed-use asset in one of Vestal's most established commercial corridors.

Sale FAQs

Investment Sales Broker

Lisberto Calvo

Lisberto Calvo

SVN | Innovative Commercial Advisors

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXX

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