49 & 51 Park Avenue
Binghamton, NY 13903
20
Bed
0
Bath
7,904Sqft
0.17Acre(Lot)
AUCTION: 11-unit multifamily investment opportunity on Binghamton’s South Side, with bidding starting at $250,000. Please see more information and sign up for the auction here: https://www.crexi.com/properties/2604840/new-york-south-side-11-unit-investment Located at 49-51 Park Avenue, this well-maintained, professionally managed complex includes 5 units at 49 Park Avenue and 6 units at 51 Park Avenue. The unit mix consists of nine 2-bedroom and two 1-bedroom apartments, offering strong in-place occupancy and immediate cash flow. Within walking distance of UHS and just a half-mile from Downtown Binghamton, the property is positioned near employment, healthcare, and everyday amenities. Current rents are below Broome County Fair Market Rent, creating a clear opportunity for future
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 20Room Information
Has Basement: Yes -
Flooring Information
Carpet, Hardwood, Tile -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Cooling: None
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Building Information
Year Built: 1960 Construction Materials: Aluminum Siding Private Pool: No
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Lot Information
Lot Dimensions: 100x150 Main Square Feet: 0.17 Acres Lot Description: Level
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Listing Price Information
Listing Price: $250000 Original Price: $850000
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Tax Information
Parcel Number: 030200-160-080-0004-017-000-0000 Annual Tax: $14801
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Virtual Tour
Parking Information
Driveway
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School Information
Elementary School: MacArthurJunior High School:Senior High School: -
Utility Information
Cable Available -
Location Information
Direction: Vestal Ave to Park Ave. On same block as UHS. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4467 Brady Hill Road, Binghamton, NY, 13903 | $45,000 | 3 | 1 | 1,610 | 0.19 Acre |
| 277 Woodside Avenue, Binghamton, NY, 13903 | $249,900 | 3 | 2 | 1,654 | 0.40 Acre |
| 5 Mac George Avenue, Binghamton, NY, 13903 | $209,900 | 5 | 2 | 1,579 | 0.22 Acre |
| 4182 Murphy Road, Binghamton, NY, 13903 | $665,000 | 7 | 5 | 6,120 | 5.66 Acres |
| 4096 Saddlemire Road, Binghamton, NY, 13903 | $309,900 | 3 | 3 | 2,035 | 1.80 Acres |
| 2490 Stephanie Lane, Binghamton, NY, 13903 | $205,000 | 3 | 2 | 1,980 | 11,250 Sqft |
| 2 Lillian Drive, Binghamton, NY, 13903 | $267,900 | 2 | 2 | 1,345 | 0.39 Acre |
| 55 Powers Road, Binghamton, NY, 13903 | $99,900 | 3 | 2 | 1,296 | 0.39 Acre |
| 8-10 Harding Avenue, Binghamton, NY, 13903 | $74,900 | 2 | 1 | 860 | 0.47 Acre |
| 57 Saratoga Avenue, Binghamton, NY, 13903 | $75,000 | 1 | 1 | 5,200 | 4,725 Sqft |
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Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
ByOwner last updated this listing 09/08/2026 @ 07:59
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