Multifamily Housing
38 Carroll Street Binghamton, NY 13901
Details & Description
Price: $920,000
    Excellent Student Housing Complex ! 15 Units. This building is on Carroll St near the Susquehanna St intersection. Excellent Downtown location. Walking distance to the bus lines and all of Downtown Binghamton's Restaurant's, Night Clubs, Shops and Amenities. Fenced parking lot. This property has an excellent rental history. This is rented by a Fraternity under a master lease for $12,075/Month or $144,900 per year. This group has rented the entire building for the past 4 years. Very stable income and expenses. Priced to sell at a 12.17% CAP Rate.
    Listing Agents
    Scott Warren
    KW Commercial
    O: 607-621-0439
    scottwarrencre@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    38 Carroll Street

    Binghamton, NY 13901

    Listing ID: 273298
    • 38 Carroll Street Binghamton, NY 13901 | for Sale | Photo 1
    • 38 Carroll Street Binghamton, NY 13901 | for Sale | Photo 2
    • 38 Carroll Street Binghamton, NY 13901 | for Sale | Photo 3
    38 Carroll Street | for Sale | Thumbnail 1
    38 Carroll Street | for Sale | Thumbnail 2
    38 Carroll Street | for Sale | Thumbnail 3
    Building Size: 15,678 SF
    Lot Size: 0.220 AC
    Land Size: 9,592 SF
    Building $/SF: $58.68
    Land $/SF: $95.91
    Price
    $920,000
    Description

    Excellent Student Housing Complex ! 15 Units. This building is on Carroll St near the Susquehanna St intersection. Excellent Downtown location. Walking distance to the bus lines and all of Downtown Binghamton's Restaurant's, Night Clubs, Shops and Amenities. Fenced parking lot. This property has an excellent rental history. This is rented by a Fraternity under a master lease for $12,075/Month or $144,900 per year. This group has rented the entire building for the past 4 years. Very stable income and expenses. Priced to sell at a 12.17% CAP Rate.

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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Scranton History of Multifamily Housing for Sale

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    Binghamton Area Market Trends

    Listing Demographics for 38 Carroll Street Binghamton, NY 13901

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population17,10765,45696,788
    Population Median Age383938
    Population by Age0-9 Yrs1828 (10%)7083 (10%)10400 (10%)
    10-19 Yrs1821 (10%)7252 (11%)13667 (14%)
    20-29 Yrs4179 (24%)13954 (21%)19362 (20%)
    30-39 Yrs1998 (11%)7492 (11%)10494 (10%)
    40-49 Yrs1604 (9%)6538 (9%)9124 (9%)
    50-59 Yrs1821 (10%)8238 (12%)11738 (12%)
    60-69 Yrs1782 (10%)7362 (11%)10634 (10%)
    70+ Yrs2074 (12%)7535 (11%)11368 (11%)
    Median HH Income$24,405$38,363$44,029
    Total Household Income< 24K3891 (50%)10137 (36%)12126 (31%)
    25-49K1841 (24%)6555 (23%)9018 (23%)
    50-74K923 (12%)4479 (16%)6344 (16%)
    75-99K481 (6%)2742 (9%)4368 (11%)
    100-199K385 (5%)3256 (11%)5221 (13%)
    200K+115 (1%)768 (2%)1233 (3%)
    Highest Education LevelNo Diploma190054526758
    Diploma or GED32741257617914
    Some College2300823911358
    Assoc. Degree95245697117
    Bachelors Degree115658068748
    Higher Degree93654717950
    Total Housing Units9,61332,95844,590
    --Owner-Occupied1,91013,25320,457
    --Renter-Occupied5,72614,68317,853
    Owner-Occupied Values< 100K130668679624
    100-199K39947957800
    200-299K1259511806
    300-399K26218488
    400-499K1229295
    500K+54193445
    Total Working Age Population14,38654,77581,091
    In Work Force7,16231,27944,656
    Not In Work Force7,22423,49636,434
    Workforce Employed6,21728,36041,099
    Workforce Unemployed9382,9013,540
    Civlian Workforce7,15631,26144,639
    Military Workforce61818
    Total Households7,63627,93638,310
    Family Households3,11613,42619,798
    Non-Family Households4,52014,51018,512
    Married Couple1,4088,05112,808
    Other Family1,7095,3756,989
    Married w/Child5622,7044,344
    Single Male w/Child150628896
    Single Female w/Child8352,3662,986

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Broome County200,5360200,600-4192,262-3186,950

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 38 Carroll Street in Binghamton?
    The asking price for 38 Carroll Street is $920,000
    What is the building size of this Multifamily property in Binghamton, NY?
    The size of the building/unit at 38 Carroll Street in Binghamton is 15,678 square feet
    How much land does the Binghamton, NY property at 38 Carroll Street include?
    38 Carroll Street in Binghamton includes 0.220 acres of land
    What is the population within 1 mile of 38 Carroll Street in Binghamton?
    The population within 1 mile of 38 Carroll Street Binghamton, NY 13901 is 17,107 people.
    Who do I contact for questions about 38 Carroll Street?
    You should contact the listing agent, Scott Warren, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Syracuse Hancock International Airport (SYR) 71
    Greater Rochester International Airport (ROC) 114
    Newark Liberty International Airport (EWR) 132