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Page 1: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

OFFICE BUILDING FOR SALE OR LEASE

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 FRONT STREETBinghamton, NY 13901

Karen KlecarLicensed Associate Broker

[email protected]

For More Information:

Page 2: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

This property is comprised of 32,949+/- SF including a two story improved officebuilding, a turn of the century mansion and a one story building on a 2.49+/- acre lotwith generous parking. It is handicapped accessible and has many individual offices,meeting rooms, public space and open areas in well maintained condition. For saleor lease. Can be subdivided for lease. Would make an excellent corporateheadquarters or medical conversion. Financials available upon signing ofconfidentiality agreement from qualified buyer.

Present tenant is a Governmental tenant who is moving. Available 2020.

PROPERTY OVERVIEW

Binghamton is at the crossing of three main highways and has easy access to NYC,Scranton, Syracuse, Albany and the Fingerlakes region.Downtown is the business and administrative center of the city and region, as such, itis home to the principal state, county and city offices; housing them in GovernmentPlaza on Hawley Street between State and Isbell streets. Downtown Binghamton hasgone through a cultural and economic renaissance over the past few years due inpart to the presence of a downtown portion of the State University of Binghamton,one of the top twenty State Universities in the Country. Real Estate values have skyrocketed with large contingent of students living in the downtown.171 Front is just across the river from the main part of the City, has great accessibilityand visibility, less than five minutes from the city core.

LOCATION OVERVIEW

OFFERING SUMMARY

Sale Price: $2,995,000

Price / SF: $10.00/SF NNN

Lot Size: 2.49 Acres

Building Size: 32,949 SF

171 Front Street, Binghamton, NY 13901

Office Building For Sale

Page 3: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 Front Street, Binghamton, NY 13901

Office Building For Sale

Page 4: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 Front Street, Binghamton, NY 13901

Exterior Photos

Page 5: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 Front Street, Binghamton, NY 13901

Interior Photos

Page 6: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 Front Street, Binghamton, NY 13901

Interior Photos

Page 7: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

171 Front Street, Binghamton, NY 13901

Location Maps

Page 8: OFFICE BUILDING FOR SALE OR LEASE - LoopNet...OFFICE BUILDING FOR SALE OR LEASE Syracuse Office:6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206 Vestal Office:535 Vestal Parkway

Karen Klecar607.624.0143

[email protected]

Syracuse Office: 6391 Thompson Rd. | Suite 101 | Syracuse, NY 13206Vestal Office: 535 Vestal Parkway | Suite 2 | Vestal, NY 13850

Bridgeway Commercial Realty, LLCwww.bridgewaycommercialrealty.com

POPULATION 1 MILE 2 MILES 3 MILES

Total population 15,937 49,952 79,413

Median age 38.7 38.3 37.6

Median age (Male) 33.4 34.6 34.4

Median age (Female) 44.8 41.8 40.7

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

Total households 7,761 22,704 33,938

# of persons per HH 2.1 2.2 2.3

Average HH income $39,502 $46,363 $47,248

Average house value $106,606 $106,315 $103,912

* Demographic data derived from 2010 US Census

171 Front Street, Binghamton, NY 13901

Demographics Map