1606-1608 Tracy St

1606-1608 Tracy St, and 408-410 Roosevelt Ave, Endicott, NY 13760

Property Information

  • For Sale $1,499,000
  • Property Type Multi-Family
  • Property Size 29,496 SF
  • Units 30
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Sep 24, 2026

Description

Located one block from Main Street, 1606–1608 Tracy Street offers convenient access to NYS Route 26, Interstate 86 and Route 434, providing efficient connectivity throughout the Greater Binghamton area. The property is positioned near major employment centers, including BAE Systems, the Huron Campus and UHS facilities, as well as established shopping, dining and essential services. This combination of accessibility, employment proximity and neighborhood amenities supports consistent tenant demand and retention. Continued public and private investment in Endicott further strengthens the property’s long-term position within the local multifamily market.1606–1608 Tracy Street offers 18 apartment units across two contiguous buildings in Endicott, New York. The largely occupied portfolio provides immediate in-place income with additional upside through continued unit upgrades, rent growth and operating efficiencies. Situated on approximately 0.17 acres with a combined building footprint of approximately 11,376 square feet, the properties benefited from a broader portfolio improvement program exceeding $278,000. Completed work included unit repairs, appliances, HVAC components, water heaters, flooring, interior finishes and roof improvements, reducing near-term capital requirements while preserving additional value-add potential. The property offers convenient access to Route 26, Route 434 and Interstate 86 and is near major employers, national retailers and essential services. Stable multifamily vacancy, limited new supply and continued regional investment support long-term rental demand.

Highlights

  • 18-unit multifamily investment across two contiguous buildings
  • Additional upside through remaining renovations, rent growth and operating efficiencies
  • Benefited from a broader capital-improvement program exceeding $278,000
  • Convenient access to Route 26, Route 434 and Interstate 86
  • Largely occupied with immediate in-place income
  • Near major employers, national retailers and essential services
  • Recent improvements to apartment interiors and building systems
  • Reduced near-term capital requirements
  • Supported by stable multifamily demand and limited new housing supply
  • Upgrades include appliances, HVAC components, water heaters, flooring, interior finishes and roof work

Contacts

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