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Property profile

50 Front St Binghamton, NY 13905

OFF-MARKET
Office Spaces
218,200 SF 3.86 ac lot Built 2018
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Property summary

AI-generated overview

This Class A, 218,200 square foot medical office building at 50 Front Street in Binghamton, NY, offers premier riverfront space. Built in 2018, the property sits on 3.86 acres and boasts multiple tenancy options, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 5,050 square feet. The building is ideally located less than a mile from government offices and downtown restaurants, providing excellent accessibility and visibility. This exceptional location is further enhanced by its proximity to Morgan Stanley, situated within the same complex. The property features ample private parking. For tenants leasing 5,050 square feet, the landlord will contribute $300,000 towards tenant improvements. The building is designed to accommodate a variety of medical office uses and offers the opportunity to create a customized space to meet specific business needs. This is a unique opportunity to establish a presence in a thriving, upscale riverfront development in Broome County. The building is situated in the 13905 zip code.

Property profile

Verified
Property type Office Spaces
Year built 2018
Total area 218,200 SF
Lot 3.86 ac (168,142 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Financial Advisor
  • Real Estate Agency
  • Financial Advisor
  • Financial Advisor

Location

50 Front St Binghamton, NY 13905
Binghamton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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