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    91 Chenango Bridge Rd Binghamton, NY 13901

    • Office buildings
    • 14,344 SF
    • 6.62 lot acres
    For Sale
    View listing
    $1,305,000
    Value Estimation
    Location Intelligence
    Property ID
    US63-6252725
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • United Medical Associates PC / Walk-In Clinic
    • Sriram D. Nirgudkar, MD / Pediatrician
    • UHS Pediatrics - Chenango Bridge / Pediatrician
    • Dr. Donald W. Nash, MD / Sports Medicine Physician / Family Practice Physician
    • UHS Physical Therapy and Rehabilitation - Chenango Bridge / Rehabilitation Center

    Property Details for 91 Chenango Bridge Rd

    Year built
    1970
    Lot size
    6.62 lot acres
    Property size
    14,344 SF
    Property type
    Office buildings
    APN
    032400 112.06-1-1
    APU
    324001120611

    Description

    This exceptional investment opportunity presents a well-maintained, free-standing medical/professional office building in Binghamton, NY, located at 91 Chenango Bridge Rd. Currently fully occupied with established tenants under triple-net (NNN) leases, this property offers a strong and consistent income stream. The building boasts a compelling 13.24% capitalization rate, making it an attractive proposition for investors seeking high returns. Situated in a prime location, the property benefits from high visibility and significant traffic volume, with approximately 13,000 vehicles passing daily. Its proximity to major thoroughfares like Front Street and Route 12A, along with a dense concentration of businesses (roughly 500 within a 3-mile radius) and a population of 15,000 within the same area, ensures a robust and stable tenant base. Nearby businesses include Chenango Animal Hospital, Batch Coffee, Price Chopper, Tavolo Italian Restaurant, McGirk's Irish Pub, and Guthrie Chenango Bridge Pharmacy, further highlighting the desirability of this location. This is a turnkey investment opportunity with established tenants and a proven track record of success. The property's strong financial performance, coupled with its strategic location, makes it an ideal addition to any investment portfolio. The building's size is not specified in the provided information.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.8794
    Latitude
    42.1702
    CBSA code
    13780
    CBSA name
    BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $336,300
    $582,900
    $919,200
    -
    $662,008
    $1,147,441
    $1,809,449

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    91 Chenango Bridge Rd
    Binghamton, NY 13901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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