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2-Unit Duplex
New
For Sale
$193,000

1310 Vestal Avenue, Binghamton, NY 13903

Residential, Binghamton, NY

Property Size1,479 SF
Lot Size0.06 Acres
Price / SF$130.49
Days on Market2

Property Features for 1310 Vestal Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 6
Full bathrooms 5
Half bathrooms 1
Rooms Bedroom 3, Bedroom 6, Basement, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 5, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 1
Appliances GasWaterHeater
Subdivision Corbett & Currans Sub
Lot features Irregular Lot, Residential Lot
Elementary school district Binghamton
Middle school district Binghamton
High school district Binghamton
Standard status Active
APN 030200-160-066-0004-017-000-0000
Size 1,479 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 5389

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Varies, Laminate
Building materials Frame
Listing Agency: SVR Realty LLC
Listed By: Philip Henry · License #30HE0952053
Added: Nov 4 Last Checked: Nov 5 at 1:06PM
MLS# S1724581

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,479-square-foot duplex has two apartments: one with two bedrooms and the other with one. Built in 1920, the frame building has forced-air natural gas heat, a gas water heater, and public water service.

The property occupies 0.0576 acres at 1310 Vestal Avenue in Binghamton, New York.

Key Highlights

  • Two apartments: one two‑bedroom unit and one one‑bedroom unit
  • 1,479 square feet of building area
  • 0.0576‑acre lot at 1310 Vestal Avenue, Binghamton

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,216
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,320 $264.3K
Cap Rate 7%
$188,800 $188.8K
Cap Rate 9%
$146,844 $146.8K
Market Conditions
NOI Build-Up for 1,479 SF
Gross rent
$20.4K $13.80/SF
− Vacancy
−$1.5K −$1.04/SF
EGI
$18.9K $12.77/SF
− OpEx
−$5.7K −$3.83/SF
NOI
$13.2K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,320
Cap Rate 7%
$188,800
Cap Rate 9%
$146,844

Alternative Uses

Best Use
Multifamily LT 5
$188.8K
$165.2K – $220.3K (±1% cap)
NOI $13,216 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$176.0K
$154.0K – $205.4K (±1% cap)
NOI $12,321 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$366.9K
$321.1K – $428.1K (±1% cap)
NOI $25,685 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,452
Businesses Nearby

Demographics for 13903, NY

18,140
Population
8,620
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
39.5 sq mi
ZIP Area
459
Density / Sq Mi
$61,244
Median Household Income
$39,811
Median Earnings
$863
Median Rent
$144,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The building contains separate two-bedroom and one-bedroom apartments.
Where is this duplex located?
The property is located at 1310 Vestal Avenue Binghamton, NY.
What is the asking price?
The asking price for this property is $193,000.
What are key features of this property?
This property features: Two apartments: one two‑bedroom unit and one one‑bedroom unit; 1,479 square feet of building area; 0.0576‑acre lot at 1310 Vestal Avenue, Binghamton
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