71 Main StBinghamton, NY 13905

Property Details for 71 Main St

Year built

1975

Lot size

0.48 AC

Property size (Sq ft)

10,257 SF

Property type

Specialty properties

APN

030200 160.39-1-12

APU

3020016039112

Description

This exceptional 10,472 square foot, two-story brick building at 71 Main Street, Binghamton, NY 13905, presents a compelling investment opportunity. Situated at the corner of Main and Chapin Streets, this property enjoys a high walk score of 82 and benefits from daily traffic counts of 17,127 vehicles. The building, constructed in 1960, boasts classic architectural details including rich woodwork and five fireplaces. Currently featuring a one-bedroom and a three-bedroom apartment, the property's zoning allows for diverse redevelopment options, including student housing, professional offices, a boutique hotel, or a private event space. Adding to its appeal is a detached brick carriage house, perfect for expansion or conversion, and a four-car detached garage. Ample parking is provided with 22 surface spaces. Owner financing is available to qualified buyers at a below-market interest rate of 4%, requiring a 20% down payment and offering a flexible term. This property's prime location, substantial size, and versatile zoning make it an exceptional investment prospect. Don't miss this chance to acquire a significant piece of Binghamton real estate.

• Alternative Use

  Use

  Valuation

  Residential

  $1,812,118

  Hospitality

  $1,659,891

  Educational

  $1,381,010

  Medical

  $1,428,505

  Retail

  $2,148,237

Location Insight

City

Binghamton

County

Broome

State

New York

Latitude

42.0993

Longitude

-75.9227

CBSA code

13780

CBSA name

BINGHAMTON, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].