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    28 Frederick St Binghamton, NY 13901

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    For Sale
    $189,000

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

    Property size:
    5,888 SF
    Lot size:
    0.43 Acres

    Property Features for 28 Frederick St

    General Information

    Size
    5,888 SF
    Lot size
    0.43 Acres

    Source: KW Commercial Agent Scott Warren

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

    Overview

    Mixed-Use Property with Redevelopment Potential

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9000247
    Latitude
    42.1108089

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    FAQs

    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 $189,000.
    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
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    28 Frederick St Binghamton, NY 13901
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    Binghamton, NY 13901
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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
    28 Frederick St Binghamton, NY 13901
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