93 Front St - Multi-Family FOR SALE


Binghamton, NY 13905- Westside Binghamton
$1,199,999 USD
607-857-3864
93 Front St, Binghamton, NY for Sale
$1,199,999 USD
Multi-Family - FOR SALE
1/58
null | 9.38% Cap Rate

93 Front St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • 24 bedrooms, 10 baths
  • Highly desirable location for student housing
  • Immediately on Binghamton University bus route
  • Large bright bedrooms
  • Historic charm, easily leased

OVERVIEW

Looking for approved student housing in the city of Binghamton? This four-story brick building is easy to lease and has potentialvalue-add opportunity with two vacant commercial spaces. A grand staircase up the center provides an open and airy feel. 24bedrooms are rented to groups, and have excellent rental history. Tenants share three updated kitchens and multiple commonareas, but all enjoy private bedrooms. Located in the center of student housing, restaurants, shops and nightlife, 93 Front is ahome run for any student housing portfolio.

FOR SALE DETAILS

PRICE

$1,199,999 USD

PRICE/SF

$108 USD /SF

# OF UNITS

24

PRICE/UNIT

$50,000

CAP RATE

9.38%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Student Housing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Service Commercial

APN/PARCEL ID

030200-160-040-0001-046-000-0000

ASK ABOUT THIS PROPERTY

Steph JacobsonYaman CommercialMore Info
607-857-3864

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Steph JacobsonYaman CommercialMore Info
607-857-3864

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