For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

19 Mygatt St Binghamton, NY 13905

Loading data...
Loading data...
Loading data...
For Sale
$999,000

Fully renovated 12-unit apartment building in Binghamton's First Ward.

Property size:
7,195 SF

Property Features for 19 Mygatt St

General Information

Size
7,195 SF

Building Details

Year built
1920

Source: Scott Warren, CCIM Agent Scott Warren, CCIM

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


Overview

Renovated Multifamily Building in Binghamton

This is a fully renovated 12-unit apartment building located in Binghamton's First Ward District. The 7,195 square-foot building has undergone approximately $1.29M in renovations. The building is located directly on Mygatt St, a quarter mile from Downtown, two blocks from Clinton St, and less than a minute from the I86 interchange, providing access to Downtown Binghamton's restaurants, shops, and amenities. The location provides access to the Binghamton MSA in a 15-minute drive time. The area is rapidly developing with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. The property is in a Federal opportunity zone. Renovations include a new roof with a 20-year warranty, new electric (800 Amps), new doors, windows, walls, and floors. New appliances with manufacturer warranty, fire protection system, sprinkler system, insulation, HVAC (each unit has high efficiency mini split systems), plumbing updated and all lead and asbestos removed from the building. The building is delivered vacant.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Marlborough Building Business Center

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
-75.9222378
Latitude
42.1068682

FAQs

What type of property is this?
Apartment building - Fully renovated 12-unit apartment building in Binghamton's First Ward.
Where is this apartment building located?
The property is located at 19 Mygatt St Binghamton, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: - Priced below renovation cost with an impressive 11.24% Pro Forma CAP Rate.; - Approximately $1.29M in recent renovations, essentially a brand new building.; - **Fully renovated 12-unit apartment building with all new systems and appliances under warranty.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message