$999,000
UNDER CONTRACT

19 Mygatt St Binghamton, NY 13905

First Ward Neighborhood

Estimated payment $6,200/month

Total Views 6,009
16 Beds
-- Bath
7,195 Sq Ft
$139 Price per Sq Ft

About This Home

Don't miss this spectacular opportunity to own this fully renovated, centrally located, 12 unit apartment building in Binghamton's First Ward District. This building just had approximately $1.29M in renovations and is being offered for sale for less than the cost of the renovations! Turn key opportunity to fill this building with the tenants that you choose. This is a rapidly developing area with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. Some of the renovations include: New roof (including sub panels) 20 year warranty, New Electric (800 Amps), New doors, windows, walls and floors. New appliances with manufacturer warranty, Fire Protection System, Sprinkler System, Insulation, HVAC (each unit has high efficiency mini split systems), Plumbing updated and all lead and asbestos removed from the building. Priced to sell at an impressive 11.24% Pro Forma CAP Rate!

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 05/06/2025

Co-Listing Agent

Lisberto Calvo Garcia

INNOVATIVE COMMERCIAL ADVISORS License #10401364805

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,756

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 53 x 133
  • Level Lot

Parking

  • Driveway

Home Design

  • 7,195 Sq Ft Home
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 16 Bedrooms

Schools

  • Horace Mann Elementary School

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-144-079-0001-031-000-0000

Community Details

Overview

  • 12 Units
  • Property Sa Friedlander Subdivision

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • Insurance Expense $2,301
  • Maintenance Expense $7,980
  • Water Sewer Expense $4,200
  • Gross Income $160,800
  • Net Operating Income $112,333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,756

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 53 x 133
  • Co List Office Mls Id: 7890
  • Co List Office Phone: 607-203-1826
  • Ownership: OWNER
  • Subdivision Name: Property Sa Friedlander
  • Directions: Clinton 2 Mygatt. 2 blocks.
  • Above Grade Finished Sq Ft: 7195.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Apartment
  • Special Features: 4224

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 16
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 7195.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Ductless
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 4200.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-144-079-0001-031-000-0000
  • Zoning Description: R-2
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 1439.0
  • Annual Gross Income: 160800.0
  • Insurance Expense: 2301.0
  • Maintenance Expense: 7980.0
  • Property Net Operating Income: 112333.0
  • Annual Operating Expense: 40427.0
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13

Tax Info

  • Tax Annual Amount: 8756.0
  • Tax Book Number: 144.79-1-31

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 For Sale $999,000 -- $139 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Similar Homes in Binghamton, NY

  • 26 Haendel St, Binghamton, NY 13905

    $750,000

    • 16 Beds
    • 8 Baths
    • 6,408 Sq Ft
    • 26 Haendel St
    • Binghamton, NY

    Do not miss this real money maker 7% cap, add this great addition to your portfolio -for student rental or for families! Well maintained eight units multifamily in West side of Binghamton; Walk to Price Chopper Supermarket, CVS, Citizen Bank, Donkin Donuts; walk to bus lines to BU campus; all new replacement windows; new flooring; new kitchen and new paint in 6 units; add new electric heating in

    Min (Susan) Zhou EXIT REALTY HOMEWARD BOUND

    Section Image
  • 82 Front St, Binghamton, NY 13905

    $1,193,000

    • 18 Beds
    • 2,466 Sq Ft
    • 82 Front St
    • Binghamton, NY

    INVESTORS! INVESTORS! INVESTORS! Cash Cow . With 18 bedrooms 3 kitchens and 8.5 Bathrooms. Currently fully occupied with master lease for 18 bedrooms Through May 2026, Small Garage in the back. Newly remolded with central air throughout, large amenity space for groups. Huge parking lot. All new electric, plumbing, insulation. New water service and new sewer line. Roof is 5 years old (Cut and

    John Farrell EXIT REALTY HOMEWARD BOUND

    Section Image
  • 73 Court St, Binghamton, NY 13901

    $1,000,000

    • 15 Beds
    • 4 Baths
    • 19,880 Sq Ft
    • 73 Court St
    • Binghamton, NY

    This is a massive complex centrally located in Downtown Binghamton. This is an excellent central Downtown location. Directly on Court St. Between State St and Chenango St. This is where everyone wants to be. This location has heavy foot and vehicle traffic. The average daily traffic count at this location is 7.687 and the location has a walk score of 87. The building includes approximately 5,500

    Scott Warren INNOVATIVE COMMERCIAL ADVISORS

    Section Image
See All Homes in Binghamton

Source: Greater Binghamton Association of REALTORS®

MLS Number: 330993

New York Broome County Binghamton 13905 First Ward

19 Mygatt St, Binghamton, NY

This home is located at 19 Mygatt St, Binghamton, NY 13905 and is currently priced at $999,000, approximately $138 per square foot. This property was built in 1920. 19 Mygatt St is a home located in Broome County with nearby schools including Binghamton High School, Woodrow Wilson Elementary School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Scott Warren
Listing Agent
Scott Warren
Section Image
INNOVATIVE COMMERCIAL ADVISORS
(607) 214-9935