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Corner-Lot Triplex
For Sale
$85,000

42 Fayette St, Binghamton, NY 13901

Three-unit residential income property offered in its existing condition with convenient access to downtown and nearby transportation routes.

Property Size2,130 SF
Days on Market195

Property Features for 42 Fayette St

General Information

Standard status Active
Size 2,130 SF
Property subtype MultiFamily Apartments

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Building Size 2,130 SF
Year Built 1960
Listing Agency: Warren Real estate
Listed By: Scott Warren
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 31 at 2:12AM

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.

Built in 1960, this triplex is configured as a three-unit residential income property and is offered in its existing condition. The building occupies a corner lot at 42 Fayette St in Binghamton, providing a clearly defined residential setting near established local destinations.

St. Mary's Church, Phelps Mansion, and a gas station are within walking distance. The property is also close to the highway and located a short distance from downtown Binghamton.

Key Highlights

  • Triplex at 42 Fayette St, Binghamton, NY 13901
  • Built in 1960
  • Situated on a corner lot

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic Florist Tanning Salon Pet Store & Service

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

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,785
Businesses Nearby

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

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?
Triplex - Three-unit residential income property offered in its existing condition with convenient access to downtown and nearby transportation routes.
Where is this triplex located?
The property is located at 42 Fayette St Binghamton, NY.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Triplex at 42 Fayette St, Binghamton, NY 13901; Built in 1960; Situated on a corner lot
More about this property
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