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41 Fayette St Binghamton, NY 13901

For Sale
$450,000

Fully leased four-unit property near downtown Binghamton's amenities.

Property size:
3,128 SF

Property Features for 41 Fayette St

General Information

Size
3,128 SF

Source: Scott Warren, CCIM Agent Scott Warren, CCIM

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


Overview

Downtown Binghamton Four-Unit Multifamily Property

This well-maintained, fully leased four-unit multifamily property is located in downtown Binghamton. The property, totaling 3,128 square feet on a 0.05-acre lot, features one 2-bedroom and three 3-bedroom apartments with modern finishes. Situated just off Court Street, the location provides convenient access to restaurants, Government Plaza, the Binghamton University Downtown Center, and SUNY Broome bus lines, with quick access to UHS and Lourdes medical campuses. This location supports consistent tenancy from students and young professionals and has historically low vacancy. Located a few blocks from Downtown Binghamton’s central business district, the property offers convenient access to shopping, dining, and public transportation. This walkable neighborhood sits near Court Street and the Chenango River, placing residents minutes from SUNY Broome bus lines, Government Plaza, and major employers. The property benefits from proximity to Binghamton University’s downtown campus, local parks, and key amenities including UHS and Lourdes Hospital systems. With easy connections to Route 434 and I-86, this location provides both city living and regional connectivity. The property is a turnkey operation with no downtime or vacancy exposure, and upgraded interiors reduce capital expense risk, offering stable cash flow due to low operating costs and steady demand from students and professionals.
Location Intelligence

Current Use by Public Records

BFD Corporate Office

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
-75.9055666
Latitude
42.1015086

FAQs

What type of property is this?
Quadplex - Fully leased four-unit property near downtown Binghamton's amenities.
Where is this quadplex located?
The property is located at 41 Fayette St Binghamton, NY.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: - Fully leased, turn-key operation providing immediate cash flow with no vacancy exposure.; - Prime downtown location near Court Street, SUNY Broome, hospitals, and public transportation.; - Modern finishes and recent updates minimize capital expenditure risk.
More about this property
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