6-Unit Apartment
New
For Sale
$230,000
116 Prospect Avenue, Binghamton, NY 13901
Three apartments are occupied, while the remaining three are vacant.
Property Size6,640 SF
Price / SF$34.64
Days on Market7
Property Features for 116 Prospect Avenue
General Information
Standard status
Active
Size
6,640 SF
Property subtype
Residential Income
Zoning
411 apartment, 411 apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Multifamily Units
6
Individually Metered Utilities
gas
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,935
Amenities
Landscaping
Porch
Shed
Storm Windows/Doors
Building Details
Building Size
6,640 SF
Year Built
1960
Units
6
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
Listed By:
Erin C. Whited
(607) 727-5609
Source:
Gehlcorealty
Added: Oct 20
Changed: Oct 24
Last Checked: Oct 23 at 5:51PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY GREATER BINGHAMTON
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Investment Insights
Based on property information with market context.
This 6,640-square-foot apartment property contains six units and was built in 1960. Features include a metal roof, hardwood floors across much of the building, and kitchens that have been renovated. Improvements have been made over time.
Utility service includes one electric meter, six gas meters, and six individual water heaters. The property is near downtown amenities, public transportation, and shopping. Its zoning is listed as 411 apartment.
Utility service includes one electric meter, six gas meters, and six individual water heaters. The property is near downtown amenities, public transportation, and shopping. Its zoning is listed as 411 apartment.
Key Highlights
- Six apartments in a 6,640‑square‑foot building
- Three units rented and three vacant
- One electric meter, six gas meters, and six separate water heaters
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three apartments are occupied, while the remaining three are vacant.
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 $230,000.
What are key features of this property?
This property features: Six apartments in a 6,640‑square‑foot building; Three units rented and three vacant; One electric meter, six gas meters, and six separate water heaters
