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Mixed-Use Building with Storefronts
For Sale
$449,000

54 Glenwood Avenue, Binghamton, NY 13905

Two updated apartments sit alongside commercial space, with separate utilities serving each unit.

Property SizeContact for details
Days on Market19

Property Features for 54 Glenwood Avenue

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Commercial

Site & Location

Public Transit Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Unit Mix 2 x apartment
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $7,854

Amenities

separate utilities for each unit

Building Details

Year Built 1960
Stories 2
Tenancy Multi
Listing Agency: EXIT REALTY HOMEWARD BOUND
Listed By: Shakir Nawaz
Source: Lindakentrealestate
Added: Oct 13 Changed: Oct 30 Last Checked: Oct 30 at 2:01AM

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 EXIT REALTY HOMEWARD BOUND

Rey
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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 mixed-use building pairs two commercial storefronts with two remodeled apartments. Renovation work included a new furnace, boiler, and roof, along with additional updates. Each unit has separate utilities, providing independent service across the property’s residential and commercial spaces.

Built in 1960, the property is near shopping, hospitals, restaurants, and public transportation.

Key Highlights

  • Two commercial storefronts and two remodeled apartments
  • New furnace, boiler, and roof, plus additional updates
  • Separate utilities for each unit

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Bakery

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

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

687
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two updated apartments sit alongside commercial space, with separate utilities serving each unit.
Where is this mixed-use property located?
The property is located at 54 Glenwood Avenue Binghamton, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two commercial storefronts and two remodeled apartments; New furnace, boiler, and roof, plus additional updates; Separate utilities for each unit
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