Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Town & Country Properties

49 & 51 Park Avenue, 
Binghamton, NY 13903

$700,000


20

Beds


—

Bath


7,904

Sq Ft


Multi-Family

Sold

Listed by

Scott Warren

, 

Coty Lunn

Bought with INNOVATIVE COMMERCIAL ADVISORS

Innovative Commercial Advisors

607-203-1826

MLS#

335621

Source:

NY GBAR

Sorry, we are unable to map this address

About This Home

49 & 51 Park Avenue

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.

Home Facts

Multi-Family

20 Bedrooms

Built in 1960

Price Summary

250,000

$31 per Sq. Ft.

MLS #:

335621

Sold:

September 17, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

20

Interior

Living Area:

7,904 Sq. Ft.


Structure

Structure

Architectural Style:

MultiFamily

Building Area:

7,904 Sq. Ft.

Year Built:

1960


Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$31 per Sq. Ft.

Source:NY GBAR
The information being provided by Greater Binghamton Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Binghamton Association Of REALTORS® All rights reserved.