Iconic Diner Car For
151 Main Street, Binghamton, NY 13905
COMMERCIAL - BINGHAMTON, NY
Property size:
1,550 SFLot size:
0.24 AcresPrice / SF:
$161/SF- Added:
- May 7, 2026
- Days on Market:
- 21
- Last Refresh:
- May 27 at 9:06 pm
Property Features for 151 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 422
- Standard status
- Active
- APN
- 030200-160-030-0004-003-000-0000
- Size
- 1,550 SF
- Lot size
- 0.24 Acres
Utilities
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1965
- Flooring type
- Tile
- Building materials
- Metal
Listing agent Jessica L. Dillenbeck (607) 343-8486
Listing office JESSICA DILLENBECK REAL ESTATE LLC 1641 State Route 12, Binghamton, NY (607) 343-8486
Listing date May 7, 2026
MLS# 335786
Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Iconic 1939 Sterling Streamliner Diner Car (Danny's Diner) - a unique piece of American history.
- Well‑maintained diner featuring front‑end seating, a full kitchen, two bathrooms, and an office.
- Includes a cold storage unit and ansul system.
- Located on a 1/4 acre lot on Main Street with a large parking lot.
- Property use code 422 - Diners and Luncheonettes.
- Includes a basement.
Overview
This is an opportunity to own an iconic piece of Binghamton's West Side, the Sterling Streamliner Diner Car, known as Danny's Diner for many decades. The manufacturer tag above the flat top states "1939 Sterling #396". Impeccably maintained and cared for over the years, this unique part of American history is ready for its new owner. The diner features front-end seating at counters and booths, a full kitchen, two bathrooms, an office (approximately 10x14), and a cold storage unit, all housed within the Diner Car and an addition. It sits on a 0.24-acre lot on Main Street and includes a basement and a large parking lot. The property currently has an ansul system in the diner counter area. The property use code is 422, which designates Diners and Luncheonettes, usually year-round facilities with counter service and limited seating. The sale is for the real property. The property size is 1550 square feet.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$222.7K
NOI $20,046 @ 9.00% cap · cautious / downside scenario
Moderate
$286.4K
NOI $20,046 @ 7.00% cap · market / base-case scenario
Aggressive
$400.9K
NOI $20,046 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.9k | $18.00 |
| − Vacancy | −$1.2k | −$0.76 |
| EGI | $26.7k | $17.24 |
| − OpEx | −$6.7k | −$4.31 |
| NOI | $20.0k | $12.93 |
1,550 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$286.4K
$250.6K – $334.1K
NOI $20,046 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.5K
$336.5K – $448.6K
NOI $26,918 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Danny's Diner
Restaurant
Similar Places Nearby
- The Bagel Factory — 9 Glenwood Ave, Binghamton, NY 13905
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9295854
- Latitude
- 42.1025983
Nearby Similar for Sale
FAQs
What type of property is this?
Breakfast & diner - Well-maintained 1939 Sterling Streamliner Diner Car on Main Street.
Where is this breakfast & diner located?
The property is located at 151 Main Street Binghamton, NY.
What is the asking price?
The asking price for this property is $249,995.
What are key features of this property?
This property features: Iconic 1939 Sterling Streamliner Diner Car (Danny's Diner) - a unique piece of American history.; Well‑maintained diner featuring front‑end seating, a full kitchen, two bathrooms, and an office.; Includes a cold storage unit and ansul system.
