121 Gates Street | BINGHAMTON
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. GBAR MLS #324878
Directions to property: Conklin Avenue to the end of Gates Street.