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    2 Crandall St Binghamton, NY 13905

    For Sale
    $2,100,000

    Fully renovated, 100% occupied apartment building in Binghamton's West Side.

    Property size:
    14,430 SF

    Property Features for 2 Crandall St

    General Information

    Size
    14,430 SF

    Building Details

    Year built
    1964

    Source: Scott Warren, CCIM Agent Scott Warren, CCIM

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

    Overview

    Renovated 24-Unit Apartment Building

    This fully renovated, 100% occupied 24-unit apartment building is located on Binghamton’s West Side. The property has undergone comprehensive upgrades, including a new roof with 23 years remaining on the warranty, modern hot water systems, hallway and in-unit sprinklers, high-speed internet, and an elevator. Each unit is separately metered with electric heat. Off-street parking and a landscaped picnic area are available. The property is positioned at the intersection of Main and Crandall Street, offering visibility and accessibility. Main Street averages nearly 12,700 vehicles daily, and the neighborhood has a Walk Score of 83, placing residents near restaurants, cafés, retail, and essential services. Direct access to public and SUNY bus lines ensures tenant demand from students and professionals. Nearby Recreation Park and Binghamton University add to the appeal of the West Side as a desirable residential area. The property size is 14,430 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -75.9267562
    Latitude
    42.1020655

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    FAQs

    What type of property is this?
    Apartment building - Fully renovated, 100% occupied apartment building in Binghamton's West Side.
    Where is this apartment building located?
    The property is located at 2 Crandall St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 100% Occupied 24-Unit Apartment Building: Provides immediate, stable income.; - Fully Renovated with No Immediate CAPEX Needs.; - New Roof with 23-Year Warranty.
    (607) 621-0439
    Request Owner's contact information
    2 Crandall St Binghamton, NY 13905
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    Binghamton, NY 13905
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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
    2 Crandall St Binghamton, NY 13905
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