159 Washington Street, Binghamton, NY 13901
Local realty services provided by:HUNT Real Estate ERA



Listed by:
- Dante G. Belmonte(315) 794 - 1522HUNT Real Estate ERA
MLS#:S1609780
Source:NY_GENRIS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$112.18
About this home
Presenting a rare chance to own a fully redeveloped, historic mixed-use building in the vibrant core of downtown Binghamton. Formerly home to a local icon, this landmark property has been completely gut renovated and transformed into 27 high-end luxury apartments and 3 street-level commercial spaces—perfectly blending historical character with modern finishes. 27 beautifully finished luxury apartments, predominantly 1-bedroom layouts. Features include quartz countertops, stainless steel appliances, custom cabinetry, new flooring and modern light fixtures. 9–12 ft ceilings and thoughtfully designed layouts with full bathrooms including custom tile surround's and glass doors. A modern water source heat pump system for heating and cooling, consisting of 2 Lochinvar FTXL 98% efficient boilers servicing a main building loop, and heat domestic hot water, and a BAC cooling tower on the roof. This equipment provides a baseline tempured water source to the individually metered, York/Guardian water source heatpumps and airhandling units installed in each apartment—tenants control and pay their own usage. Free shared laundry machines in each hallway for added convenience, for the use of smaller apartments without in unit laundry. Ultra high speed fiber optic internet in each apartment with individual routers. Key fob and phone app access to all entry and apartment doors, can be modified remotely by maintenance or office staff. Three well-positioned commercial units with separate entrances and individual electric meters. Tenants include a photography studio, a vintage clothing boutique, and a bar currently under build-out. Each commercial space is equipped with its own electric heat pump HVAC system. Participating in a PILOT tax program, current property taxes are $25,000, gradually increasing to $45,000 over 8 years. One gas meter services landlord obligations; all other utilities are separately metered and tenant-responsible. Whether you're seeking a stable income-producing asset or long-term growth in a revitalized downtown district, 159 Washington Street offers the best of both. This turnkey property is a crown jewel in the Binghamton market.
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Home facts
- Year built:1930
- Listing Id #:S1609780
- Added:71 day(s) ago
- Updated:August 14, 2025 at 02:53 PM
Rooms and interior
- Bedrooms:27
- Living area:31,200 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Gas, Heat Pump
Structure and exterior
- Roof:Flat
- Year built:1930
- Building area:31,200 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$112.18
- Tax amount:$26,500
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