19 Mygatt Street

For Sale

19 Mygatt St, Binghamton, NY 13905

This Binghamton property for sale is located at 19 Mygatt St. The general use of 19 Mygatt Street is multi-family and it incorporates 7,195 square feet of class C multi-family space. The current listed sale price for 19 Mygatt Street is $999,000. 19 Mygatt Street is situated on a lot that is 0.11 acre in size.

Contacts

broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 7,195 SF
  • Units 12
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1920
  • Year Renovated 2024
  • Date Updated May 6, 2025
This is directly on Mygatt St. in Binghamton's First Ward District. Just 1/4 Mile from Downtown, two blocks from Clinton St. and less than a minute from the I86 interchange this is a central location with fast and easy access to all of Downtown Binghamton's Restaurants, Shops and Amenities. Being so close to the I86 interchange makes all of the Binghamton MSA assessable in a 15 minute drive time. This is a rapidly developing area with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. This is in a Federal opportunity zone!Don't miss this spectacular opportunity to own this fully renovated, centrally located, 12 unit apartment building in Binghamton's First Ward District. This building just had approximately $1.29M in renovations and is being offered for sale for less than the cost of the renovations! Turn key opportunity to fill this building with the tenants that you choose. This is a rapidly developing area with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. Some of the renovations include: New roof (including sub panels) 20 year warranty, New Electric (800 Amps), New doors, windows, walls and floors. New appliances with manufacturer warranty, Fire Protection System, Sprinkler System, Insulation, HVAC (each unit has high efficiency mini split systems), Plumbing updated and all lead and asbestos removed from the building. Priced to sell at an impressive 11.24% Pro Forma CAP Rate!
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Highlights

  • Entire building completely renovated!
  • Delivered vacant, find the tenants that you choose.
  • Approximately $1.29M in recent renovations.
  • All new appliances under warranty.
  • New Roof under warranty.
  • Each unit has high efficiency mini split system.
  • Entire building renovated top to bottom.
  • Priced below the cost of the renovations at a pro forma 11. 24% CAP Rate!

Getting around

  • 63/100

    Walk Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Sunoco

    0.50 miles

  • Speedway

    0.52 miles

  • Gulf

    0.87 miles

  • Mirabito

    1.32 miles

  • Citgo

    1.90 miles

  • Tesla Supercharger

    2.87 miles

  • Lot UDC

    0.86 miles

  • Binghamton General Hospital Parking

    1.39 miles

  • UHS Summit Building Parking

    1.45 miles

  • UHS Parking

    1.54 miles

  • Lot HSC2

    1.64 miles

  • Lot HSC1

    1.76 miles

  • BAGSAI Parking

    1.81 miles

  • Lot J

    2.08 miles

  • DoubleTree

    0.56 miles

  • Holiday Inn Binghamton Downtown

    0.77 miles

  • The Grand Royale Hotel

    0.81 miles

  • Red Roof Inn Binghamton North

    1.38 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    1.44 miles

  • Econo Lodge

    1.46 miles

  • Fairfield Inn Marriott

    1.86 miles

  • Residence Inn

    2.02 miles

  • Comfort Inn

    2.60 miles

  • Motel 6

    2.67 miles

  • A-1 Grocery & Halal Meat

    0.44 miles

  • Big Lots

    0.63 miles

  • Boscov's

    0.64 miles

  • Price Chopper

    0.72 miles

  • Plaza 5

    1.26 miles

  • Walmart Supercenter

    1.39 miles

  • Weis

    1.45 miles

  • Walmart

    1.48 miles

  • NOOR Halal Food & More

    1.68 miles

  • Dollar Depot

    1.85 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Scott Warren, CCIM

SVN | Innovative Commercial Advisors

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