Seller's Agent in 2025
Nate Weinberg
EQUITY VENTURE REALTY, LLC.
(518) 355-9487
8 in this area
22 Total Sales
61 Front St Binghamton, NY 13905
West Side Neighborhood
13
Beds
5
Baths
5,540
Sq Ft
1910
Built
About This Home
As of August 202513 bed turn key complex fully rented through May 2026. Great investment opportunity. Two single family houses on one lot, a 9 bed house and a 4 bed house. Competitively priced at approximately a 12% cap rate. Member of owning entity is a licensed Real Estate Broker in New York State.
Last Agent to Sell the Property
EQUITY VENTURE REALTY, LLC. License #10491210552 Listed on: 04/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,099
Year Built
- Built in 1910
Home Design
- 5,540 Sq Ft Home
Bedrooms and Bathrooms
- 13 Bedrooms
- 5 Full Bathrooms
Schools
- Horace Mann Elementary School
Utilities
- Central Air
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 030200-160-048-0001-004-000-0000
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $3,500
- Maintenance Expense $3,500
- Water Sewer Expense $1,830
- Gross Income $113,820
- Net Operating Income $78,136
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Aug 1, 2025
Sold by
Front Seminary Llc
Bought by
Pink Dogwood Llc
Seller's Agent
Nate Weinberg
EQUITY VENTURE REALTY, LLC.
Buyer's Agent
Steph Jacobson
Yaman Commercial Industrial
List Price
$649,000
Sold Price
$649,000
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$461,659
Original Mortgage
$487,500
Outstanding Balance
$487,082
Interest Rate
6.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2012
Sold by
Stephgina Realty Co Inc
Bought by
Rsp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 1997
Sold by
Manufacturers And Traders Tru
Bought by
Stephgina Realty Co Inc
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $649,000 | None Listed On Document | |
| Warranty Deed | $649,000 | None Listed On Document | |
| Warranty Deed | $280,000 | None Available | |
| Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $487,500 | New Conventional | |
| Closed | $487,500 | New Conventional | |
| Previous Owner | $224,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Sold | $649,000 | 0.0% | $117 / Sq Ft |
| 04/17/2025 04/17/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $649,000 | -- | $117 / Sq Ft |
Source: Greater Binghamton Association of REALTORS®
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $15,099 | $153,200 | $25,000 | $128,200 |
| 2023 | $14,823 | $153,200 | $25,000 | $128,200 |
| 2022 | $14,475 | $153,200 | $25,000 | $128,200 |
| 2021 | $14,313 | $153,200 | $25,000 | $128,200 |
| 2020 | $9,298 | $99,200 | $25,000 | $74,200 |
| 2019 | $4,958 | $99,200 | $25,000 | $74,200 |
| 2018 | $9,034 | $99,200 | $25,000 | $74,200 |
| 2017 | $9,081 | $99,200 | $25,000 | $74,200 |
| 2016 | $9,134 | $99,200 | $25,000 | $74,200 |
| 2015 | $5,358 | $99,200 | $25,000 | $74,200 |
| 2014 | $5,358 | $99,200 | $25,000 | $74,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nate Weinberg
-
Steph Jacobson
Buyer's Agent in 2025
Steph Jacobson
Yaman Commercial Industrial
(607) 857-3864
19 in this area
75 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 330658
APN: 030200-160-048-0001-004-000-0000
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