6-Unit Apartment
For Sale
$240,000
Pending
116 Prospect Avenue, Binghamton, NY 13901
Commercial, BINGHAMTON, NY
Property Size6,640 SF
Lot Size0.24 Acres
Days on Market72
Property Features for 116 Prospect Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
411-apartmetn
Elementary school district
Binghamton
Middle school district
Binghamton
High school district
Binghamton
Directions
Eldredge street or Chenango street to Prospect ave.
Subdivision
Area 03
Standard status
Pending
APN
030200-160-025-0002-010-000-0000
Size
6,640 SF
Lot size
0.24 Acres
Utilities
Water source
Public
Building Details
Year built
1960
Building materials
Brick Veneer
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
(607) 722-0722
Listed By:
Erin C. Whited
(607) 727-5609
Added: Jun 19
Changed: Aug 19
Last Checked: Aug 29 at 7:06PM
MLS# 336185
Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 6-unit apartment building contains 6640 square feet of living space on a 0.24-acre parcel. Built in 1960, the brick-veneer property features a metal roof, hardwood flooring throughout much of the building, multiple updates, and several renovated kitchens. Building utilities include one electric meter, six gas meters, and six separate water heaters, while the public water supply supports the property.
The property is situated near downtown amenities, public transportation, and shopping in Binghamton, New York. Its apartment configuration, established construction, and documented improvements provide a clear physical profile for multifamily ownership or evaluation.
The property is situated near downtown amenities, public transportation, and shopping in Binghamton, New York. Its apartment configuration, established construction, and documented improvements provide a clear physical profile for multifamily ownership or evaluation.
Key Highlights
- 6‑unit apartment building with 6640 square feet of living space
- 0.24‑acre parcel in Binghamton, NY 13901
- Brick veneer construction with a metal roof
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
Explore this area
Business Placement
Demographics for 13901, NY
20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Brick-veneer multifamily property with hardwood flooring, renovated kitchens, and individually metered gas service.
Where is this apartment building located?
The property is located at 116 Prospect Avenue Binghamton, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 6‑unit apartment building with 6640 square feet of living space; 0.24‑acre parcel in Binghamton, NY 13901; Brick veneer construction with a metal roof
