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Financial
Distress signals
Property profile

1040 Vestal Pkwy E Vestal, NY 13850

FOR SALE
Office buildings
Property ID
US63-1351319
10,880 SF 0.46 ac lot Built 1965
Last sale Jan 2006 · $351,250
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office building is located on Vestal Parkway East in Vestal, New York, providing 10,880 square feet of space. The property is within about one mile of NYS Route 26 and the I-86 interchange and offers access to major regional highways including I-86, I-81, and I-88, with proximity to Endicott and Binghamton and located roughly 8 minutes from Binghamton University. Building features include modern interior finishes, heating and air conditioning served by four separate units, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$850k
Assessed land$238k
Assessed improvement$612k

Value estimate

· Oct 2026
$530k
$477k – $583k
AI approach$335k
Submarket $/SF estimate$420k
NOI build-up
Gross scheduled income$196k
Vacancy & credit loss−$28k
Operating expenses−$63k
NOI · 9.57% cap applied$105k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$107/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$45 – $134

Cap rate analysis

How does the asset earn?
9.57%
$105k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
The purpose of this zoning district is to provide non commercial solar energy systems, public building, church or other place of worship,...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBROOME

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.5
Law Firm14.9
Realty agency14.6

Location

1040 Vestal Pkwy E Vestal, NY 13850
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
825 Vestal W, Vestal, NY 13850-1365 $465,000 Feb 2023 8,160 SF
4513 Vestal, Vestal, NY 13850-3571 $425,000 Nov 2022 2,218 SF
1809 Vestal E, Vestal, NY 13850-1941 $475,000 Sep 2022 3,334 SF
220 Frnt, Vestal, NY 13850-1514 $164,750 Jun 2022 4,512 SF
149 Vestal W, Vestal, NY 13850-1543 $350,000 Dec 2020 3,402 SF
220 Stage, Vestal, NY 13850-1609 $550,000 May 2020 11,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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