Thorp Street Portfolio

30, 72 & 48 Thorp St Binghamton, NY 13901

Binghamton
FOR SALE
Property Type:
Other Hospitality
Amount:
$800,000
Last Verified:
Feb 10, 2023

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Description

Offered for sale is 3 parcels. 30, 72 and 48 Thorp St Binghamton. This includes a 4,200 SF warehouse, a parking lot and a 1,896 SF single family home on a corner location.

Package deal of 3 Parcels all located on Thorp Street in Binghamton


Year Built: 1960
Building Size: 6096sq ft
Lot Size: 0.41 acres


Documents

Offering Memorandum

Map of 30, 72 & 48 Thorp St, Binghamton, NY, 13901

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.