257 Washington St, Binghamton, NY 13901

257 Washington Street is a historic 1926 building in Downtown Binghamton offering 12,544 SF across 18 units. Zoned CI, it is strategically located within the Binghamton MSA and presents a strong opportunity for multifamily or mid-rise investors. Eleven units are already finished and leased, providing income stability with additional upside through completing the remaining units. Extensive upgrades include automatic locks, separate utilities and HVAC for each unit, a full sprinkler system, an elevator, and a modern security system. Historic tax credits are also available, creating valuable financial incentives. With its prime location, strong tenant base, and remaining value-add potential, this asset is well positioned for long-term growth.