Stadium District- Henry St Portfolio

114, 122, 124, 190, 206, 206.5, 208, & 210 Henry St Binghamton, NY 13901

114, 122, 124, 190, 206, 206.5, 208, & 210 Henry St, Binghamton, NY, 13901
114, 122, 124, 190, 206, 206.5, 208, & 210 Henry St, Binghamton, NY, 13901 114, 122, 124, 190, 206, 206.5, 208, & 210 Henry St, Binghamton, NY, 13901 114, 122, 124, 190, 206, 206.5, 208, & 210 Henry St, Binghamton, NY, 13901
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,500,000
Last Verified:
Feb 15, 2023

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Description

Offered for sale is 8 parcels all on Henry Street in close proximity to Mirabito Stadium. These properties are ready for renovations or redevelopment. Sale includes: 114 Henry, 122 Henry, 124 Henry, 190 Henry, 206 Henry, 206.5 Henry, 208 & 210 Henry.

Conveniently located in downtown Binghamton and in close proximity to Mirabito Stadium.


Year Built: 1920
Building Size: 8638sq ft
Lot Size: 0.8 acres


Documents

Offering Memorandum
Henry St-Stadium District.pdf

Map of 114, 122, 124, 190, 206, 206.5, 208, & 210 Henry 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.