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Mixed-Use Property with Redevelopment Potential
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28 Frederick St, Binghamton, NY

Mixed-use property near highway with commercial space and residential units.

Property Size5,888 SF
Lot Size0.43 Acres
Price / SF$52.31
Days on Market268

Property Features for 28 Frederick St

General Information

Standard status Active
Size 5,888 SF
Lot size 0.43 Acres
Property subtype OFFICE
Listing Agency: SVN | Innovative Commercial Advisors
Listed By: Scott Warren · License #10301220936
Source: Moodyscre
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: May 19 at 8:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Innovative Commercial Advisors

Investment Insights

Based on property information with market context.

This mixed-use property is located just off the Brandywine Highway interchange, providing easy access to routes 81, 86, 88, and 11. All of Broome County is within a 15-minute drive. The property includes four residential units: one 2-bedroom unit and three 1-bedroom units. A large commercial space is situated on the ground floor, with additional sublevel space that could be used in combination with the commercial area or redeveloped. Ample off-street parking is available. The building is separately metered and features on-demand hot water. The property is located directly across from a relatively new housing project and next to a park, presenting an excellent value-add opportunity. The property size is 5888 square feet.

Key Highlights

  • Prime location with easy access to multiple highways (81, 86, 88, Route 11) and Broome County.
  • Features four residential units, including one 2‑bedroom and three 1‑bedroom apartments.
  • Large commercial space with additional sublevel space.

Property Analytics

Current Use

Studios @ Virgil Whitney ... Art Studio Rental LLC Apartment Complex

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Furniture & Home Goods Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property near highway with commercial space and residential units.
Where is this mixed-use property located?
The property is located at 28 Frederick St Binghamton, NY.
What is the asking price?
The asking price for this property is $308,000.
What are key features of this property?
This property features: Prime location with easy access to multiple highways (81, 86, 88, Route 11) and Broome County.; Features four residential units, including one 2‑bedroom and three 1‑bedroom apartments.; Large commercial space with additional sublevel space.
(607) 621-0439 Call to check price and availability
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