121 Gates St, Binghamton, NY 13903
FOR SALE5.3 ACRES

121 Gates St
Binghamton, NY 13903

      $395,000

      Original price: $699,000
      Est. Mortgage $2,968/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      Terrific development opportunity! This 5+ acre parcel of prime Susquehanna Riverfront Property is the best in the city of Binghamton. The 82 lot subdivision has 45 existing homes & 37 remaining lots for development with 16 lots that are currently zoned for one or 2-family homes. The property is 40+ feet above the river, keeping it high above any floodwater. NY State Funds has earmarked $125,000 for road construction, including roadwork, sidewalks, and lighting. The six-lot Phase 1 had a new sewer installed and approved, and a new sewer is scheduled, to which the home laterals will connect. This could be a private paradise, high above the river, with lovely views, and is the only buildable development within miles. The existing sewer, underground electricity, city water, and natural gas add to the appeal. This property is very close to many amenities, and the beautiful Susquehanna River is home to an assortment of wildlife and the waterway is a playland for outdoor water activities.

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      40 days ago
      Last check for updates: about 5 hours ago
      Listing by: EXIT REALTY HOMEWARD BOUND, (607) 729-5500
      John J. Farrell
      Originating MLS: Greater Binghamton Association of REALTORS
      Source: GBMLS, MLS#324878

      Home Details for 121 Gates St

      Interior Features

      Appliances & Utilities
      Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
      View
      Has a ViewView: River

      Exterior Features

      Frontage
      WaterfrontWaterfront: River FrontOn Waterfront
      Water & Sewer
      Sewer: Public Sewer

      Days on Market

      Days on Market: 40

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land

      Price & Status

      Price
      List Price: $395,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: BINGHAMTON
      School Information
      Elementary School: Benjamin FranklinElementary School District: BinghamtonJr High / Middle School District: BinghamtonHigh School District: Binghamton

      Agent Information

      Listing Agent
      Listing ID: 324878

      HOA

      Association for this Listing: Greater Binghamton Association of REALTORS

      Lot Information

      Lot Area: 5.3 Acres

      Offer

      Listing Agreement Type: Exclusive Right To Sell

      Compensation

      Buyer Agency Commission: 3Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Business

      Business Information
      Ownership: OWNER

      Miscellaneous

      Mls Number: 324878Living Area Range Units: Square FeetWater ViewWater View: River

      Price History for 121 Gates St

      DatePriceEventSource
      03/19/2024$395,000PriceChange
      GBMLS #324878
      02/02/2023$699,000Listed For SaleGBMLS #320201
      07/05/2022ListingRemovedGBMLS #315567
      01/04/2022$299,000Listed For SaleGBMLS #315567
      12/02/2015$96,000ListingRemovedAgent Provided
      03/28/2012$149,900ListingRemovedAgent Provided
      06/04/2011$149,900Listed For SaleAgent Provided

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      Property Taxes and Assessment

      Year2023
      Tax
      Assessment$66,032
      Home facts updated by county records

      Comparable Sales for 121 Gates St

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      0.28
      Lot/Land
      $4,000
      06/21/23
      -
      -
      0.58
      Lot/Land
      $8,000
      03/08/24
      -
      -
      0.68
      Lot/Land
      $6,000
      03/15/24
      -
      -
      0.71
      Lot/Land
      $5,000
      11/21/23
      -
      -
      0.72
      Lot/Land
      $5,000
      11/21/23
      -
      -
      0.75
      Lot/Land
      $3,000
      11/16/23
      -
      -
      1.40
      Lot/Land
      $56,000
      12/13/23
      -
      -
      1.61
      Lot/Land
      $17,000
      04/08/24
      -
      -
      2.19
      Lot/Land
      $20,000
      04/04/24
      -
      -

      What Locals Say about Binghamton

      • Mrnrswoolfolk
        "I’ve visited and then decided to live in this neighborhood. It’s ver comfortable and without major distractions. My neighbors are quiet yet friendly and I like this. "
        20
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      • Dakota E. M.
        "Convenient stores, shopping centers, fast food restaurants, houses, apartment complexes, parks and schools. "
        4
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      • Patience W.
        "They would love the huge (4-5 block) city park! Lots of paths, old trees/shade and open fields to run in!"
        1
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      • Chelyssa C.
        "About 15-20 minutes from anything. Not too overwhelming at 8am but is at 4:30pm. Neighborhood is lit up so it makes you feel safer and we know most of our neighbors "
        11
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      • Amanda G.
        "Takes no more than 7 minutes to get to closest Walmart. Grocery store less than 2 minutes away. Downtown is less than 2 minutes. All by car"
        2
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      • Kirsten D.
        "I would not reccomend raising a family here. I'm 21 born and raised, went to Binghamton High. I personally won't have kids here and plan to relocate next year, schools and kids around here aren't the best. Lots of bad influences. don't reccomend living here."
        0
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      • Ney.lopez.rodri
        "Ppl don’t clean after their dogs and some ppl are very disrespectful!! Just saying I’m just here to visit planing on moving here but I really need to think about it !"
        1
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      • Veronica F.
        "Everyone is very kind and don’t start issues. They allow everyone to have parties with a problem. I love my neighbors."
        0
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      • Danielle D.
        "I drive but I see the bus as well as ppl walking to downtown which is a short walk. The bus route becomes scarcer the farther you become from downtown but if you need it, it’s available "
        9
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      • Johan.jelsma
        "Walkable and neighborly. Some great parks and eateries. Very close to the downtown business district."
        6
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      • Bossy40td
        "yes people like walking their dogs but they do not clean up their poop when they don't poop on our lawn"
        9
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      • MendezDavid
        "I drive so my commute is good but I like my area upstate wouldn’t mine moving to Johnson city or endicott nys"
        0
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      • Keith B. S.
        "binghamton has its share of terrorism and crime, you have to stay on your guard. at all times. i have lived here for 53 years and have never seen more crime and corruption since 1990's came around. "
        22
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      • Ljgrady
        "Neighborhood civic association parades,parks,ball games,field days,fireworks local library events,3 churches,with the associated events "
        0
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      • Carolyn R. L.
        "we need more laundromats on Southsde of Binghamton.Plus fire hydrants on every other street I Binghamton."
        4
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      • Dzipper523
        "This neighborhood is full of very interesting looking characters... this neighborhood is stuck in the 70’s...."
        5
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      • B gooble
        "Easy access to highway. Short commute to work, shopping and entertainment. Nice neighborhood. Nice places to walk. Big park nearby, walking distance. Smaller park with pool close too. Also nice dog park in walking distance "
        0
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      • Bailey C.
        "Not a lot of space for dogs to roam, meaning little yard space. And there are often other dogs pooping everywhere so watch your step"
        0
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      • Carolyn R. L.
        "The way I live in my neighborhood and fit into community. I would like to know the schools,parks nearby grocery stores.Live very peaceful and long in home."
        0
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      • Keith P.
        "Living in downtown as a dog owner is awful since the sidewalks are filled with garbage. But there’s two nice dog parks in the area so it makes up for it."
        0
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      • Joel
        "I’ve lived in this neighborhood for five years and neighbors are friendly in their neighborhood is quiet"
        1
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      • Ace.dusse.tre.william.edwards
        "Humble positive vibes. I love the fact that I am able to be myself without negative judgment from my community."
        6
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      • Fritzmarie chochotte Jones
        "I've live in Binghamton going on 7yrs now on Johnson Avenue on the West side where i can walk to work to Lourdes Hospital. It is a very picturesque block, tree lined, so clean, so quiet, the people are friendly, easy going and helpful. It so comforting to know that people care...."
        9
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      • Lovedarleneturner
        "This is not a place to raise children in. Drugs, violence, theft, and vandalism runs rampant here. The schools are deplorable. It is not a safe place for families, and continues to get worse. Which is why my family and I are moving elsewhere."
        8
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      • Vklopmantunis
        "15 mins to work in Endwell Close proximity to grocery stores 5 minutes to the highway 13 minutes to BCC"
        0
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      • Pday
        "There are a few restaurants downtown with outdoor seating where you can bring your dog, and a dog park and a river walk."
        1
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      • Brian B.
        "Friendly neighborhood, lots of places to walk dogs, lots of little parks n green areas. Houses sit high on banks, so it’s private too. "
        3
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      • Pday
        "Blues on th Bridge , Southside Neighborhood Assembly, community gardens, greenway in progress, new elementary school"
        1
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      • Gsherwoodv118
        "A lot of bar walks or things like that. We also have great food. Paint and sips I’m not sure but it’s an all around cool are to live in. Very up and coming "
        1
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      • P s.
        "I love the atmosphere in my neighborhood. The people are pleasant and quite. The only issue is the lack of community. "
        2
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      • Deborahkmagee
        "We've lived here about 6 years, our neighborhood is friendly, and most everyone keeps to themselves."
        0
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      LGBTQ Local Legal Protections

      John J. Farrell, EXIT REALTY HOMEWARD BOUND
      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      121 Gates St, Binghamton, NY 13903 is a lot/land. This property is currently available for sale and was listed by GBMLS on Mar 19, 2024. The MLS # for this home is MLS# 324878.