105 Madison Avenue

Positioned in a well-established residential pocket of Endicott, 105 Madison Avenue benefits from proximity to both neighborhood amenities and key commercial corridors. The property is within walking distance of Washington Avenue, Endicott’s primary retail and dining area, providing convenient access to everyday services that support tenant demand. The surrounding market continues to see steady reinvestment, supported by its legacy as the birthplace of IBM and ongoing activity across the Southern Tier’s manufacturing and technology sectors. Easy access to Main Street, Route 26, and Interstate 86 allows for efficient connectivity throughout Broome County and into the greater Binghamton area. This combination of accessibility, local amenities, and established infrastructure supports long-term occupancy and stable performance.105 Madison Avenue is a renovated, fully stabilized five-unit multifamily asset offered at a 13% cap rate offering consistent in-place income within a market seeing renewed investment. The property consists of a three-story, 4,086 square foot building situated on a 0.16-acre lot, with the added benefit of private off-street parking. Located within Endicott’s Central Business District and designated Opportunity Zone and HUB Zone, the asset is positioned near Washington Avenue’s established retail and dining offerings, supporting tenant demand and long-term occupancy. The surrounding market continues to attract capital, highlighted by its designation as a federal Technology Hub and recent funding initiatives, including a $160 million research and development grant and new manufacturing investment.