6-Unit Multifamily
For Sale
$230,000
116 Prospect Avenue, Binghamton, NY 13901
Commercial, BINGHAMTON, NY
Property Size6,640 SF
Lot Size0.24 Acres
Price / SF$34.64
Days on Market109
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
Active
APN
030200-160-025-0002-010-000-0000
Size
6,640 SF
Lot size
0.24 Acres
Utilities
Water source
Public
Amenities
hardwood floors
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: Oct 1
Last Checked: Oct 5 at 7:06AM
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 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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Residential units
50%
Occupancy
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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?
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
