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49 & 51 Park Avenue, Binghamton, NY 13903

Binghamton
Local realty services provided by:CENTURY 21 Jackson Real Estate
49 & 51 Park Avenue,Binghamton, NY 13903
$250,000
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  • 20 Beds
  • - Baths
  • 7,904 sq. ft.
  • Multi-family
  • Pending
Listed by: scott warren, coty lunn
Office: innovative commercial advisors
MLS#:335621
Source:NY_GBAR

Price summary

  • Price:$250,000
  • Price per sq. ft.:$31.63

About this home

AUCTION: 11-unit multifamily investment opportunity on Binghamton’s South Side, with bidding starting at $250,000. Please see more information and sign up for the auction here: https://www.crexi.com/properties/2604840/new-york-south-side-11-unit-investment Located at 49-51 Park Avenue, this well-maintained, professionally managed complex includes 5 units at 49 Park Avenue and 6 units at 51 Park Avenue. The unit mix consists of nine 2-bedroom and two 1-bedroom apartments, offering strong in-place occupancy and immediate cash flow. Within walking distance of UHS and just a half-mile from Downtown Binghamton, the property is positioned near employment, healthcare, and everyday amenities. Current rents are below Broome County Fair Market Rent, creating a clear opportunity for future rental growth. This is a rare turnkey investment with immediate income and long-term upside.

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Home facts

  • Year built:1960
  • Listing ID #:335621
  • Added:131 day(s) ago
  • Updated:September 05, 2026 at 06:46 PM

Rooms and interior

  • Bedrooms:20
  • Flooring:Carpet, Hardwood, Tile
  • Living area:7,904 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1960
  • Building area:7,904 sq. ft.
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Aluminum Siding
  • Foundation Description:Basement

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$31.63
  • Tax amount:$14,801

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Driveway

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