Jack Yao
Realmart Realty, LLC
(732) 838-6992
1,413 Total Sales
1 in Far West Side
$236,000 Price
272 Main St Binghamton, NY 13905
Far West Side Neighborhood
18
Beds
12
Baths
5,700
Sq Ft
10,019
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- Level Lot
- Ceiling Fan
About This Home
As of February 2025Prime investment opportunity: fully leased 12-unit multifamily property on Main Street in Binghamton, offering excellent rental demand in a highly sought-after location. Directly across from a new commercial development, this property provides convenient access to public and student bus lines, with a walkability score of 79, close to numerous restaurants, shops, and amenities. The building consists of six 2-bedroom and six 1-bedroom units, each with separate electric meters. Recent improvements include a new boiler (2022), roof coating (2023), and upgraded security systems. With 12,654 daily traffic count and commercial zoning, this property is ideal for multifamily or student housing, ensuring strong cash flow and growth potential.
Last Agent to Sell the Property
INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 09/22/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,970
Year Built
- Built in 1960
Lot Details
- Lot Dimensions are 50x197
- Level Lot
Parking
- Driveway
Home Design
- Cedar Siding
Interior Spaces
- 5,700 Sq Ft Home
- Ceiling Fan
- Basement
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 18 Bedrooms
- 12 Full Bathrooms
Schools
- Thomas Jefferson Elementary School
Utilities
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 030200-143-084-0002-021-000-0000
Community Details
Overview
- 12 Units
Building Details
- 13 Separate Electric Meters
- 1 Separate Gas Meter
- Insurance Expense $2,925
- Net Operating Income $64,954
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2024
Closed on
Jan 30, 2025
Sold by
Bought by
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
James Lucenti
INNOVATIVE COMMERCIAL ADVISORS
List Price
$639,000
Sold Price
$616,667
Premium/Discount to List
-$22,333
-3.49%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,500
Outstanding Balance
$455,550
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2024
Sold by
Bought by
Purchase Details
Closed on
Dec 6, 2021
Sold by
Bought by
Purchase Details
Listed on
Jul 1, 2019
Closed on
Feb 20, 2020
Sold by
Bought by
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$350,000
Sold Price
$260,000
Premium/Discount to List
-$90,000
-25.71%
Purchase Details
Listed on
Apr 20, 2018
Closed on
Jun 21, 2018
Sold by
Bought by
List Price
$235,000
Sold Price
$235,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Purchase Details
Listed on
Jul 31, 2014
Closed on
Jan 26, 2015
Sold by
Bought by
Seller's Agent
John Farrell
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
Thi Dinh
EXIT REALTY HOMEWARD BOUND
List Price
$220,000
Sold Price
$220,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Purchase Details
Closed on
Feb 15, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Far West Side, NY
-
Jack Yao
-
Jimmy Jones
Jimmy Jones
CENTURY 21 NORTH EAST
(607) 608-3311
103 Total Sales
4 in Far West Side
$131K - $195K Price Range
-
Linda Giammarino
Linda Giammarino
CENTURY 21 NORTH EAST
(607) 203-9078
93 Total Sales
9 in Far West Side
$120K - $285K Price Range
-
R. Karl Zandt
R. Karl Zandt
EXIT REALTY FRONT AND CENTER
(607) 304-3963
167 Total Sales
13 in Far West Side
$115K - $455K Price Range
-
Loueen Rosenbush
Loueen Rosenbush
Berkshire Hathaway CNY Realty
(607) 603-7914
79 Total Sales
2 in Far West Side
$142,000 Price Range
-
Lorelee Schultz
Lorelee Schultz
HOWARD HANNA
(607) 608-3999
138 Total Sales
7 in Far West Side
$167K - $350K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $616,667 | None Listed On Document | ||
| $170,000 | None Listed On Document | ||
| $99,000 | None Listed On Document | ||
| $260,000 | None Available | ||
| $235,000 | First American Title | ||
| $220,000 | None Available | ||
| $220,000 | Thomas P. Rizzuto | ||
| $235,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $462,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $616,667 | -3.5% | $108 / Sq Ft | |
| 09/22/2024 09/22/24 | For Sale | $639,000 | +145.8% | $112 / Sq Ft | |
| 02/25/2020 02/25/20 | Sold | $260,000 | -25.7% | $32 / Sq Ft | View Prior Sale |
| 01/14/2020 01/14/20 | Pending | -- | -- | -- | |
| 07/01/2019 07/01/19 | For Sale | $350,000 | +48.9% | $43 / Sq Ft | |
| 07/05/2018 07/05/18 | Sold | $235,000 | 0.0% | $43 / Sq Ft | View Prior Sale |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- | |
| 04/20/2018 04/20/18 | For Sale | $235,000 | +6.8% | $43 / Sq Ft | |
| 01/29/2015 01/29/15 | Sold | $220,000 | 0.0% | $39 / Sq Ft | View Prior Sale |
| 09/25/2014 09/25/14 | Pending | -- | -- | -- | |
| 08/01/2014 08/01/14 | For Sale | $220,000 | -- | $39 / Sq Ft |
Source: Greater Binghamton Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $125,000 | $30,000 | $95,000 |
| 2024 | $12,319 | $125,000 | $30,000 | $95,000 |
| 2023 | $12,095 | $125,000 | $30,000 | $95,000 |
| 2022 | $11,810 | $125,000 | $30,000 | $95,000 |
| 2021 | $11,678 | $125,000 | $30,000 | $95,000 |
| 2020 | $12,919 | $125,000 | $30,000 | $95,000 |
| 2019 | $6,247 | $125,000 | $30,000 | $95,000 |
| 2018 | $11,383 | $125,000 | $30,000 | $95,000 |
| 2017 | $11,443 | $125,000 | $30,000 | $95,000 |
| 2016 | $11,510 | $125,000 | $30,000 | $95,000 |
| 2015 | $10,172 | $125,000 | $30,000 | $95,000 |
| 2014 | $10,172 | $125,000 | $30,000 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Warren
Seller's Agent in 2025
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
(607) 768-8568
10 in this area
132 Total Sales
-
James Lucenti
J
Buyer's Agent in 2025
James Lucenti
INNOVATIVE COMMERCIAL ADVISORS
6 in this area
97 Total Sales
-
John Farrell
Seller's Agent in 2015
John Farrell
EXIT REALTY HOMEWARD BOUND
(607) 760-5000
33 in this area
570 Total Sales
-
Thi Dinh
Buyer's Agent in 2015
Thi Dinh
EXIT REALTY HOMEWARD BOUND
(607) 240-8933
2 in this area
59 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 327406
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