Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    35 Nn St Binghamton, NY 13905-2957
    Back to Search
    Property profile & analytics

    35 Nn St, Binghamton, NY 13905-2957

    View on Map
    • Investment properties
    • 5,059 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Aug 20, 2024
    $82,500
    Property ID
    US63-2463201
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 35 Nn St

    Year built
    1960
    Lot size
    0.15 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    030200 160.31-2-29
    APU
    3020016031229

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 20, 2024 — Mentor Realty LLC County Of Broome Redemption Deed · related —
    Aug 27, 2021 $82,500 Mentor Realty LLC Ai Property Group LLC Warranty Deed —
    Aug 25, 2016 $66,000 Ai Property Group LLC Pandich,george Grant Deed —
    Oct 9, 2012 — George Pandich Hurst Josephine P Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9221
    Latitude
    42.1014
    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
    $7,300
    $68,000
    $75,300
    -
    $11,587
    $107,937
    $119,524

    Comparable in this City

    • Value Estimation by Request
      4,644 SF

      89 Oak St

      OFFICE/RESIDENTIAL (MIXED USE)
      89 Oak St, Binghamton, NY 13905-3760
      View Details
    • Value Estimation by Request
      2,964 SF

      95 Oak St

      OFFICE/RESIDENTIAL (MIXED USE)
      95 Oak St, Binghamton, NY 13905-3719
      View Details
    • Value Estimation by Request
      3,172 SF

      5 Jerome Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      5 Jerome Ave, Binghamton, NY 13905-3912
      View Details
    • Value Estimation by Request
      2,624 SF

      71 Lk Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      71 Lk Ave, Binghamton, NY 13905-1895
      View Details
    • Value Estimation by Request
      3,557 SF

      331 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      331 Main St, Binghamton, NY 13905-2526
      View Details
    • Value Estimation by Request
      2,660 SF

      35 Frnt St

      OFFICE/RESIDENTIAL (MIXED USE)
      35 Frnt St, Binghamton, NY 13905-4703
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Mixed-Use Building with Dental Office

      Three-unit mixed-use building with apartments and former dental office.
      35 Grand Blvd, Binghamton, NY 13905
      View Details
    • Contact for pricing
      2,012 SF

      Multifamily Property for Sale

      Multifamily property with 2012 square feet available for purchase.
      12 Ayres St, Binghamton, NY 13905
      View Details
    • Contact for pricing
      2,335 SF

      Stabilized Student Housing Asset

      Student housing property with strong rental demand and stable cashflow.
      51 Seminary Ave, Binghamton, NY 13905
      View Details
    • Contact for pricing
      0.31 Acres

      Buildable Lot in Binghamton, NY

      Peaceful 0.31-acre lot with potential for home or investment.
      289 Lower Stella Ireland Rd, Binghamton, NY 13905
      View Details
    • $275,000

      two bathrooms

      office (appx 10x14) and two walk in cold storage units all housed within the Diner Car & addition that sits on a 1\/4 acre lot on Main Street. Basement. Large parking lot. Currently has an ansul system in the diner counter area. Property use code is 422- Diners and Luncheonettes-usually year-round facilities with counter service and limited seating. No owner financing. Sale is for real property. Are you thinking of starting a restaurant in the Triple Cities? Do you have another idea for this space? Bring your ideas and vision and let's talk about making the Sterling Streamliner at 151 Main Street yours.""""}"""
      151 Main St, Binghamton, NY 13905
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Front Street

      2,484 SF retail space available for lease.
      1257 Front St, Binghamton, NY 13905
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Binghamton

      Retail space available for rent in Binghamton, New York.
      10 Glenwood Ave, Binghamton, NY 13905
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35 Nn St
    Binghamton, NY 13905-2957
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    35 Nn St, Binghamton, NY, 13905
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!