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    14 Way St Binghamton, NY 13901

    For Sale
    $456,000

    8-unit property near Downtown Binghamton with recent major updates.

    Property size:
    4,381 SF

    Property Features for 14 Way St

    General Information

    Size
    4,381 SF

    Building Details

    Year built
    1950

    Source: Matthew Karlgut Agent Matthew Karlgut

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied 8-Unit Property

    This is an 8-unit property that is currently fully occupied. The property features separate utilities for each unit. Major updates were completed in 2022, including updated electrical and plumbing systems, and a new roof. The property is located within walking distance of Downtown Binghamton and is in close proximity to shopping, dining, and entertainment options. It is located 4 minutes from Downtown Binghamton. New windows were installed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9073652
    Latitude
    42.1056519

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    FAQs

    What type of property is this?
    Apartment building - 8-unit property near Downtown Binghamton with recent major updates.
    Where is this apartment building located?
    The property is located at 14 Way St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $456,000.
    What are key features of this property?
    This property features: - Fully occupied 8-unit property offering immediate rental income; - Separate utilities simplifies management; - Major updates in 2022 including a new roof, electrical, windows, and plumbing reduces maintenance
    (607) 953-1509
    Request Owner's contact information
    14 Way St Binghamton, NY 13901
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    Binghamton, NY 13901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 Way St Binghamton, NY 13901
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