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  • $1,950,000
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  • Investment
  • For Sale 
  • Binghamton
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20 Hawley Street
Binghamton, New York
Parking(1): 67,500 SF; 200 cars
(1) All SF are approximate.
Zoning: C-2 (Downtown Business District)
Assessment: $1,500,000 (2006)
County Tax: $11,218 (2006)
City Tax: $41,663 (2006)
School Tax: $49,939 (2006)
Description: This 166,870 SF+/- office building plus 67,500 SF+/- in fully leased parking, is currently about 13% occupied. It stretches an entire block,
boasting frontage on four streets. There are 24 office space leases in place as well as one vendor and three wireless contracts. Currently, office rents
average about $12/SF in a building which has achieved rents as high as $16/SF. Additionally, nearly 100% of the office space is either expiring or
options are coming due in the next three years allowing for significant upside for an investor. SUNY Binghamton`s need for student housing creates a
tremendous opportunity for a developer assuming a special permit is approved by the planning commission. The building is adjacent to the new $27
million SUNY campus extension. The property also features below grade parking garage with a 200-car capacity.
20 Hawley Street
Binghamton, New York
Parking(1): 67,500 SF; 200 cars
(1) All SF are approximate.
Zoning: C-2 (Downtown Business District)
Assessment: $1,500,000 (2006)
County Tax: $11,218 (2006)
City Tax: $41,663 (2006)
School Tax: $49,939 (2006)
Description: This 166,870 SF+/- office building plus 67,500 SF+/- in fully...
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