348 Clinton Street, Binghamton, NY 13905
Broome County
Key Facts
Description
Offered for sale is this solid brick 5-unit mixed-use investment property ideally located on Clinton Street near the high-traffic Glenwood Avenue intersection in Binghamton, NY. The building consists of two commercial units and three residential apartments. Positioned in one of Binghamton’s most accessible corridors, the property offers fast and convenient access to Interstate 86 and other major roadways. The area benefits from strong traffic exposure, with nearby reported counts of approximately 9,506 vehicles per day on Clinton Street and 7,525 vehicles per day on Glenwood Avenue, making this an especially attractive setting for commercial tenancy and long-term visibility. The property has seen numerous recent updates, and its solid brick construction adds to its long-term durability and appeal. Priced to sell at an 11% cap rate, this is an attractive opportunity for an investor seeking strong cash flow, excellent exposure, and a well-located mixed-use asset.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1950
Lot Dimensions
47x120
Ownership
OWNER
Days on Market
75
MLS® Listing#
335575
Property Features
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,414
Assessed Value
$124,046
Parcel Number
030200-143-076-0002-022-000-0000
Directions
On Clinton near the Glenwood Ave intersection.
Affordability Calculator
$54,600
Estimated monthly payment
$1,453/mo
Principal $218,400 · Est. interest $304,687 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Binghamton, NY
- $215,306
- Median Listing Price
- 35
- Median Days on Market
- 2,020
- Median Sq Ft
- $105
- Median Price / Sq Ft
- 249
- Active Listings
- This home’s price is 27% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Binghamton, NY.
Location
- 348 Clinton Street, Binghamton, NY 13905
Points of Interest in Binghamton, NY
Showing the Binghamton area map.
Nearby Schools
Woodrow Wilson School
Elementary · 0.3 mi away
Thomas Jefferson School
Elementary · 0.4 mi away
St James School
School · 0.7 mi away
West Middle School
Secondary · 0.8 mi away
Horace Mann School
Elementary · 0.8 mi away
Seton Catholic Central
Elementary · 0.9 mi away
Binghamton High School
Secondary · 1.2 mi away
Broome-Tioga Boces
School · 1.3 mi away
Career & Technical High School
Secondary · 1.4 mi away
Roy Ettinger School
Secondary · 1.6 mi away
Hillel Academy
School · 1.8 mi away
MacArthur School
Elementary · 1.8 mi away
Binghamton City School District
School · 1.9 mi away
Columbus School
School · 1.9 mi away
Theodore Roosevelt Elementary School
Elementary · 2.0 mi away
Champions at Vestal Hills Elementary School
Elementary · 2.0 mi away
Vestal Hills Elementary School
Elementary · 2.0 mi away
St John the Evangelist School
School · 2.0 mi away
Johnson City Elementary School
Elementary · 2.2 mi away
Johnson City Middle School
Secondary · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7 Holland Avenue, Binghamton, NY | $194,000 | 4 | — | 1,825 |
| 736 River Road, Binghamton, NY | $194,400 | 5 | — | 2,068 |
| 91 Rotary Avenue, Binghamton, NY | $194,900 | 3 | 2 | 1,158 |
| 9 Goethe Street, Binghamton, NY | $195,000 | 5 | 3 | 3,028 |
| 129 Moeller Street, Binghamton, NY | $195,840 | 4 | 2 | 1,634 |
| 81 Baldwin Street, Binghamton, NY | $198,000 | 4 | 6 | — |
Moving Cost Estimate
EXIT Agents in Binghamton
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 6072031826
Fair Housing Notice