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Property profile & analytics
OFF-MARKET
Investment properties

16 Grand Blvd Binghamton, NY 13905-3490

3,216 SF 0.23 ac lot Built 1970
Individually Owned 21-yr Hold Free & Clear
Property ID
US63-6050414
Property summary
AI-generated overview

This exceptional 1600-square-foot commercial office space is available for lease in a prime West Side Binghamton location at 16 Grand Blvd, zip code 13905. The property is situated in Broome County, New York, offering convenient access to the city's amenities and transportation networks. This single-tenant space is highly versatile, suitable for a variety of office uses. Its adaptable layout makes it ideal for traditional office settings, executive suites, medical practices, creative agencies, or even co-working spaces. The building offers ample space to accommodate a growing business or a well-established firm seeking a new location. The property's address is 16 Grand Blvd, Binghamton, NY 13905. Its geographic coordinates are latitude 42.1051903 and longitude -75.9366846. This presents a unique opportunity for businesses seeking a well-located, adaptable, and spacious office environment in a thriving area of Binghamton. The property type is classified as an office building, and the tenancy is single-occupancy. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. Further details regarding lease terms and conditions are available upon request. Don't miss out on this chance to secure a prominent location for your business in Binghamton's dynamic West Side.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Total area 3,216 SF
Lot 0.23 ac (10,200 SF)
APN 030200 159.28-2-25
UPID US63-6050414
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tsai Horng MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
HORNG C TSAI · 2 yrs held
HORNG C TSAI
since 2024
Last sale
$201,000
1 recorded transaction
2024
$201,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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