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5-Unit Apartment Building
For Sale
$197,000

17 Thorp St, Binghamton, NY 13905

Apartment property near Main Street with access to public and student bus lines.

Property Size4,140 SF
Days on Market196

Property Features for 17 Thorp St

General Information

Standard status Active
Size 4,140 SF
Property subtype MultiFamily Apartments

Property Condition

Severity Repairs Needed
Evidence ready for renovation

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 5

Building Details

Building Size 4,140 SF
Year Built 1960
Listing Agency: Warren Real estate
Listed By: Scott Warren
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 29 Last Checked: Aug 29 at 4:21PM

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 Warren Real estate

Investment Insights

Based on property information with market context.

This five-unit apartment building, constructed in 1960, is positioned as a renovation project for an owner seeking a substantial multifamily asset. Two units are described as containing seven beds each, providing a distinct configuration within the property.

The building is located on Thorp St in Binghamton’s West Side, within walking distance of Main Street and nearby public and student bus lines. Downtown Binghamton is also close by, adding access to the city center and transit connections.

Key Highlights

  • Five‑unit apartment building
  • Two units described as having 7 beds each
  • Built in 1960

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Pet Grooming Service Daycare Center

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

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby

Demographics for 13905, NY

27,672
Population
13,774
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
28.2 sq mi
ZIP Area
981
Density / Sq Mi
$53,757
Median Household Income
$30,359
Median Earnings
$993
Median Rent
$137,700
Median Home Value

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?
Apartment building - Apartment property near Main Street with access to public and student bus lines.
Where is this apartment building located?
The property is located at 17 Thorp St Binghamton, NY.
What is the asking price?
The asking price for this property is $197,000.
What are key features of this property?
This property features: Five‑unit apartment building; Two units described as having 7 beds each; Built in 1960
More about this property
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