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    325 Main St Binghamton, NY 13905

    For Sale
    $475,000

    Stabilized 6-unit building in Binghamton's West Side, ideal for investors.

    Property size:
    3,775 SF

    Property Features for 325 Main St

    General Information

    Size
    3,775 SF

    Building Details

    Year built
    1965

    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 Property in Binghamton

    This renovated and stabilized 6-unit multifamily property is located on Main Street in Binghamton's West Side. The building, constructed in 1965, has a size of 3,775 square feet. The property benefits from a high-visibility location with a daily traffic count of 7,484 and a walkability score of 80. The location offers convenient access to Price Chopper Plaza, local eateries, retail, and everyday amenities. Zoned for student housing, the property is located in the Binghamton MSA area and presents a strong opportunity for investors seeking stable income in a growing market.
    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
    -75.9434223
    Latitude
    42.1101878

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    FAQs

    What type of property is this?
    Apartment building - Stabilized 6-unit building in Binghamton's West Side, ideal for investors.
    Where is this apartment building located?
    The property is located at 325 Main St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Stabilized 6-unit building, offering immediate income potential.; - High-visibility location on Main Street with a traffic count of 7,484.; - Zoned for student housing, ensuring consistent tenant demand.
    (607) 621-0439
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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
    325 Main St Binghamton, NY 13905
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