116 Prospect Avenue, Binghamton, NY 13901

Building Details

Year built

1960

Building materials

Brick Veneer

Listing agent Erin C. Whited Show Phone

Listing office KELLER WILLIAMS REALTY GREATER BINGHAMTON k***@kw.com 49 Court Street Suite 300B Suite 300B, Binghamton, NY Show Phone

Listing date Jun 19, 2026

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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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Overview

This well-maintained 6-unit multifamily property offers over 6,000 square feet of living space. The building includes a durable metal roof, hardwood floors throughout much of the interior, and numerous updates, including several renovated kitchens. Utility service is set up with one electric meter, six gas meters, and six separate water heaters.

Located at 116 Prospect Avenue in Binghamton, the property is described as convenient to downtown amenities, public transportation, and shopping. With a larger building footprint, it presents a consolidated multifamily option for ownership and ongoing management.

The asset is suited for investors or owner-operators looking for a small residential income building with a documented history of updates. With six units and separate water heaters, it supports straightforward unit management and tenant turnover considerations. The combination of continued improvements, durable exterior components, and updated interior elements can be attractive to those evaluating a diversified portfolio of residential income properties.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Binghamton

County

Broome

State

New York

Longitude

-75.9082961

Latitude

42.1057558

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FAQs

What type of property is this?

Apartment building - Six-unit residential income property with updated kitchens, hardwood floors, and separate utilities for each unit.

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 multifamily built in 1960 with over 6,000 SF of living space; Brick veneer construction with a durable metal roof; Hardwood floors throughout much of the property