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The Fuller House 23 Front Street

23 Front Street Binghamton, NY 13905 / COMMERCIAL/RESIDENTIAL PROPERTY
Date Constructed: 1900
Square Feet: 6,613 SF * gross living area
Acreage: 0.35 Acres
Distance to Airport: 10.9 miles
Distance to Highway: less than a mile
Nearby Colleges: SUNY Broome, Binghamton University

FOR SALE: $825,000

This historic home designed by a Binghamton architect Sanford Lacey was extensively renovated in 2013 through 2015 to a three-unit, 12 bedroom high-end boutique student housing apartment building.

• Fully occupied from 2013 through present
• Fully leased through May 2021 (May 2022 pending)
• Each unit has four bedrooms, living area, fully equipped kitchen, 1-2 full bathrooms (5 total), porches
• Units are fully furnished
• Within walking distance to downtown Binghamton and
Binghamton University downtown campus
• Adjacent properties include Victorian mansions converted to upscale offices; 50 Front Street (high-end apartments), and Roberson Museum
• Monthly rent per bedroom is $775; proforma net income $67,000
• Financials available upon request
• Zoning is neighborhood office, which includes uses permitted in R-3, including a 3 unit apartment

Tax ID: 160.55-3-9
Taxes: $7,098 (2020)
Assessment: $116,400

ASSISTANCE