Renovated Furnished
For Sale
Contact for pricing
23 Cedar Street, Binghamton, NY 13905
Fully leased two-unit property with updated kitchens, baths, windows, mechanical systems, and roof improvements.
Property Size7,280 SF
Price / SF$39.15
Days on Market112
Property Features for 23 Cedar Street
General Information
Standard status
Active
Size
7,280 SF
Total Parking Spaces
1
Property subtype
Multifamily
Zoning
R2
Occupancy
100%
Net Operating Income
$21,539
Additional Details
Furnished
Yes
Cap Rate
7.8%
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Yaman Commercial
(607) 857-3864
Listed By:
Steph Jacobson · License #10401301213
Source:
Crexi
Added: May 13
Changed: Aug 31
Last Checked: Aug 31 at 2:16AM
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 Yaman Commercial
Investment Insights
Based on property information with market context.
This 1920-built duplex is offered fully furnished with two renovated residential units. Improvements include new kitchens and bathrooms, refreshed hardwood flooring, new carpeting, updated paint, two new furnaces, new hot water heaters, replacement windows, and a new roof with gutters. The property has a listed size of 7,280 and is zoned R2.
Both units are currently occupied, with tenants interested in remaining. The property is reported to produce a 7.8% cap rate. Located at 23 Cedar Street in Binghamton, the duplex provides an updated multifamily configuration with furnishings and recent capital improvements already in place.
Both units are currently occupied, with tenants interested in remaining. The property is reported to produce a 7.8% cap rate. Located at 23 Cedar Street in Binghamton, the duplex provides an updated multifamily configuration with furnishings and recent capital improvements already in place.
Key Highlights
- Two‑unit duplex built in 1920
- Fully furnished residential property
- Both units are fully rented, with tenants interested in staying
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property with updated kitchens, baths, windows, mechanical systems, and roof improvements.
Where is this duplex located?
The property is located at 23 Cedar Street Binghamton, NY.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1920; Fully furnished residential property; Both units are fully rented, with tenants interested in staying
