6-Unit Multifamily
116 Prospect Avenue, Binghamton, NY 13901
For Sale
$230,000
Pending
Commercial, BINGHAMTON, NY
Property Size6,640 SF
Lot Size0.24 Acres
Days on Market141
Property Features for 116 Prospect Avenue
General Information
Property type
Property subtype
Zoning
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Water source
Building Details
Year built
Building materials
Buildings
Listing Agency:
KELLER WILLIAMS REALTY GREATER BINGHAMTON
(607) 722-0722
Listed By:
Erin C. Whited
(607) 727-5609
Added: Jun 19
Changed: Oct 30
Last Checked: Nov 6 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This 6-unit multifamily building in Binghamton contains 6,640 square feet of living area on a 0.24-acre parcel. Built in 1960 with brick veneer construction, the property has a metal roof, hardwood flooring across much of the interior, and several updated kitchens. Three apartments are rented and three are vacant. The building has one electric meter, six gas meters, and six individual water heaters, with public water service.
The property is near downtown services, public transportation, and shopping. Its configuration includes six apartments within a single building, with a mix of occupied and available units.
The property is near downtown services, public transportation, and shopping. Its configuration includes six apartments within a single building, with a mix of occupied and available units.
Key Highlights
- Six apartments, with three rented and three vacant
- 6,640 square feet of living area on a 0.24‑acre parcel
- Built in 1960 with brick veneer construction and a metal roof
Property Analytics
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Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,866
Businesses Nearby
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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
$152,800
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Binghamton, NY
Properties on Market for Multifamily properties in Binghamton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three apartments are occupied, with three additional units currently vacant.
Where is this multifamily property 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, with three rented and three vacant; 6,640 square feet of living area on a 0.24‑acre parcel; Built in 1960 with brick veneer construction and a metal roof
