Multifamily Portfolio in Binghamton Multi-Family FOR SALE


Binghamton, NY - Center City
$1,650,000 USD
607-354-6206
, Binghamton, NY for Sale
$1,650,000 USD
Multi-Family - FOR SALE
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Multifamily Portfolio in Binghamton
Binghamton, NY
Center City


HIGHLIGHTS

  • 27,140 SF mid-rise building
  • Potential for 68 multifamily units - plans available
  • Prime location in Binghamton - Strong rental demand!
  • Proximity to essential amenities and major highways
  • Attractive investment yield potential

OVERVIEW

Exceptional multi-building redevelopment opportunity located in the heart of Downtown Binghamton’s thriving Stadium District—one of the fastest-growing areas for student and young-professional housing. This portfolio includes four buildings and an off-street parking lot at 100, 104, 108, and 116 Henry Street, offering a strategic mix of existing units and expansive shell space ready for new construction or adaptive reuse. The assemblage features 100 Henry (5 units / 16 beds), 104 Henry (2 units / 8 beds), 108 Henry (15 units / 40 beds), and 116 Henry (10 studio apartments), providing a combined footprint ideal for a high-density student housing complex or a phased multifamily redevelopment. Extensive interior demolition has already been completed, giving developers a meaningful head start and reducing upfront project timelines. The properties fall within flexible C-4 Commercial zoning with a Congregate Living designation, allowing for a wide range of uses including student housing, multifamily apartments, or mixed-use commercial development. Architectural plans are available upon request for qualified parties.

ASK ABOUT THIS PROPERTY

James LucentiSVN Innovative Commercial AdvisorsMore Info
607-354-6206

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James LucentiSVN Innovative Commercial AdvisorsMore Info
607-354-6206

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