NY
Broome
Binghamton
13901
257 Washington Street 1
257 Washington Street 1, Binghamton, NY 13901
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Listing Type
Commercial/Industrial
Listing Status
under contract
0
$1,600,000

Home Details for 257 Washington Street 1

Price
$1,600,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1926
County
Broome
Garage
Days on site
20
MLS Listing#
333797
Property Description

257 Washington Street is a historic 1926 building in Downtown Binghamton offering 12,544 SF across 18 units. Zoned CI, it is strategically located within the Binghamton MSA and presents a strong opportunity for multifamily or mid-rise investors. Eleven units are already finished and leased, providing income stability with additional upside through completing the remaining units. Extensive upgrades include automatic locks, separate utilities and HVAC for each unit, a full sprinkler system, an elevator, and a modern security system. Historic tax credits are also available, creating valuable financial incentives. With its prime location, strong tenant base, and remaining value-add potential, this asset is well positioned for long-term growth.

Property Features
  • Utilities
    • Electricity Available
    • Natural Gas Available
  • Water Features
    • Public
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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