Fenced Industrial
17 Montgomery Street, Binghamton, NY 13901
For Sale
New
$185,000
A Heavy Industrial-zoned facility includes a backup generator and restroom.
Property Size2,000 SF
Lot Size0.21 Acres
Price / SF$92.50
Days on Market2
Property Features for 17 Montgomery Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Fenced Yard
Building Details
Building Size
Buildings
Listing Agency:
Binghamton Office
Listed By:
Bruce Ethan Cook
(607) 754-5990
Source:
Pyramidbrokerage
Added: Nov 12
Last Checked: Nov 12 at 2:27PM
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 Binghamton Office
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property provides approximately 2,000 square feet of building area on a 0.21-acre parcel. The site is fully enclosed by fencing, and the building has one restroom. A large backup generator is also installed on the property.
The facility is in Binghamton, New York, and carries Heavy Industrial zoning.
The facility is in Binghamton, New York, and carries Heavy Industrial zoning.
Key Highlights
- Approximately 2,000 SF of building area
- 0.21‑acre parcel
- Heavy Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,370
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,400
$247.4K
Cap Rate 7%
$176,714
$176.7K
Cap Rate 9%
$137,444
$137.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$19.0K $9.48/SF
− Vacancy
−$1.3K −$0.64/SF
EGI
$17.7K $8.84/SF
− OpEx
−$5.3K −$2.65/SF
NOI
$12.4K $6.18/SF
Area
Broome County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,400
Cap Rate 7%
$176,714
Cap Rate 9%
$137,444
Alternative Uses
Best Use
Industrial
$176.7K
$154.6K – $206.2K
NOI $12,370 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$496.2K
$434.2K – $578.9K
NOI $34,733 @ 7.0% cap · market cap 18.77%
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
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
Explore this area
Business Placement
Demographics for 13901, NY
20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Binghamton, NY
Frequently Asked Questions
What type of property is this?
Industrial property - A Heavy Industrial-zoned facility includes a backup generator and restroom.
Where is this industrial property located?
The property is located at 17 Montgomery Street Binghamton, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Approximately 2,000 SF of building area; 0.21‑acre parcel; Heavy Industrial zoning
