100 Henry St - Apartments FOR SALE


Binghamton, NY 13901- Center City
$2,500,000 USD
607-857-3864
100 Henry St, Binghamton, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

100 Henry St
Binghamton, NY 13901
Center City


HIGHLIGHTS

  • 92 beds, 37 baths, in 26 units
  • Approved for student housing and congregate living
  • Properties situated in a row as most of this block of Henry
  • Immediately across from Binghamton's main post office
  • Ready for renovation and conversion to their next use

OVERVIEW

Here's your opportunity to pick up an entire block in downtown Binghamton! Become the next owner of the Dixie Hotel and neighboring properties! These four buildings include 100 Henry (8 units, 24 beds); 104 Henry (2 units, 14 beds); 106-108 Henry (15 units, 44 beds approved); the parking lot to the left of the Dixie; and 116 Henry (1 unit, 10 beds). The initial work has all been done, including demo and plans for luxurious suites in the Dixie itself. Jump in and start your redevelopment project! Current layouts include everything from dorm-style bedrooms to spacious full-size apartments. Flexible C4 zoning allows for students, families, mixed use; whatever you can dream up. Take advantage of the rare Congregate Living designation! This block is directly across from the large Binghamton post office, and just a stone's throw from the Mirabito Stadium in downtown's Stadium District.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$267 USD /SF

# OF UNITS

26

PRICE/UNIT

$96,154

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Henry Street Multifamily Group

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

-

APN/PARCEL ID

030200-160-034-0001-005-000-0000

ASK ABOUT THIS PROPERTY

Steph JacobsonYaman Commercial IndustrialMore Info
607-857-3864

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Steph JacobsonYaman Commercial IndustrialMore Info
607-857-3864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.