128 Grand Ave

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…

128 Grand Ave

Johnson City, NY 13790
Asking Price
$2.50M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Stabilized 24 Unit Multifamily with Immediate Upside & Corporate Tenant <ul><li>​Unique multifamily investment opportunity in Johnson City, NY</li><li>​The New York Mets annually lease 11 apartment units during baseball season to house minor league players and staff</li><li>​Proven short-term rental component creates additional revenue upside during the off-season</li><li>​Flexible operational model allows ownership to maximize occupancy year-round</li><li>​Located near Binghamton University, UHS Wilson Medical Center, downtown Binghamton, and major regional employe

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
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631

Location & Travel Times