135 Front St, Binghamton, Ny 13905, 141 Front St, Binghamton, Ny 13905, 151 Front St, Binghamton, Ny 13905

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

135 Front St, Binghamton, Ny 13905, 141 Front St, Binghamton, Ny 13905, 151 Front St, Binghamton, Ny 13905

Healdsburg, CA 95448
Asking Price
$3.00M
Asset Type
Multifamily
Class
Class B

What's Special

Located along the Chenango River in Binghamton's West Side, these three contiguous parcels at 135, 141, and 151 Front Street occupy a prominent residential corridor. The neighborhood is characterized by a blend of historic architecture and professional offices, situated within walking distance of the downtown business district. Residents have immediate access to the scenic Riverwalk and nearby recreational parks. The properties are serviced by the Greater Binghamton Transportation Center and are positioned near major thoroughfares, including Interstates 81 and 86, providing regional connectivity to local healthcare facilities and educational institutions. The site is suited for multifamily redevelopment or continued residential operations within the city’s urban core. Given the proximity to Binghamton University’s downtown campus and the UHS Wilson Medical Center, the typical tenant profile consists of university faculty, graduate students, and healthcare professionals. The location satisfies the demand for workforce housing among individuals seeking a walk-able commute to the city’s primary employment centers. Additionally, the assembly of three adjacent lots offers scalability for investors looking to establish a concentrated residential footprint in a high-visibility area.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,837.416
Annual Cash Flow
$-98,048.988

Location & Travel Times