59 Grand Ave and 7 Tremont Ave.

For Sale

59 Grand Ave, Johnson City, NY 13790

This Johnson City property for sale is located at 59 Grand Ave. The current listed sale price for 59 Grand Ave and 7 Tremont Ave. is $1,390,000. 59 Grand Ave and 7 Tremont Ave. is situated on a lot that is 0.2 acre in size.

Contacts

Scott Warren, CCIM, CIREC

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 11,082 SF
  • Units 20
  • Lot Size 0.2 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1970
  • Year Renovated 2025
  • Date Updated Jun 29, 2026
59 Grand Avenue is located in Johnson City near UHS Wilson Medical Center, Riverside Drive retail, and the area’s expanding healthcare and redevelopment corridor. The property benefits from convenient access to employment centers, shopping, restaurants, and public transportation. 7 Tremont Avenue is positioned on Binghamton’s West Side with close proximity to Downtown Binghamton, major commuter routes, neighborhood retail, and Binghamton University bus lines. The surrounding area continues to support consistent rental demand due to its accessibility and established residential character. Together, the portfolio offers investors exposure to two strong multifamily locations within the Greater Binghamton market.Offered for sale is a 20-unit multifamily portfolio consisting of 59 Grand Avenue in Johnson City and 7 Tremont Avenue in Binghamton. The portfolio is comprised entirely of one-bedroom apartments and is currently fully occupied, reflecting strong occupancy history and stable tenant demand across both assets. Both properties have benefited from substantial renovations and ongoing improvements, allowing investors to acquire stabilized multifamily assets with limited near-term capital requirements. Priced at approximately $69,950 per unit, the portfolio presents an attractive opportunity to acquire scale, dependable cash flow, and operational efficiency within two established Southern Tier rental markets.
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Highlights

  • 100% one-bedroom apartment mix
  • 20 total multifamily units across two properties
  • Brick construction with strong curb appeal
  • Convenient access to healthcare, Downtown Binghamton, retail, and public transportation
  • Fully occupied with strong occupancy history
  • Located in established Johnson City and Binghamton rental corridors
  • Significant renovations and property improvements completed
  • Stable in-place cash flow

Getting around

  • 72/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Johnson City, NY
  • Zip Code 13790

Points of Interest

  • Speedway

    0.58 miles

  • Sunoco

    0.83 miles

  • Mirabito

    1.68 miles

  • Gulf

    2.34 miles

  • Tesla Supercharger

    3.44 miles

  • Lot HSC2

    0.18 miles

  • Lot HSC1

    0.28 miles

  • Lot J3

    1.28 miles

  • Lot J2

    1.29 miles

  • Lot J

    1.30 miles

  • Lot J1

    1.30 miles

  • Lot J4

    1.34 miles

  • Lot E1

    1.44 miles

  • Lot G1

    1.51 miles

  • Lot E

    1.54 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    0.62 miles

  • Residence Inn

    1.28 miles

  • Hampton Inn Binghamton/Johnson City

    1.36 miles

  • Comfort Inn & Suites

    1.38 miles

  • La Quinta Inn

    1.41 miles

  • Red Roof Inn

    1.52 miles

  • Quality Inn & Suites

    1.58 miles

  • Courtyard

    1.82 miles

  • DoubleTree

    1.98 miles

  • Hampton Inn & Suites Binghamton/Vestal

    2.00 miles

  • NOOR Halal Food & More

    0.22 miles

  • Walmart

    0.24 miles

  • Walmart Supercenter

    0.35 miles

  • Dollar Depot

    0.42 miles

  • Price Chopper

    0.77 miles

  • Big Lots

    0.86 miles

  • A-1 Grocery & Halal Meat

    1.26 miles

  • ALDI

    1.26 miles

  • Wegmans

    1.41 miles

  • Oakdale Mall

    1.69 miles

Contact Listing Broker
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