The Downtown Proximity Portfolio includes 11 buildings positioned along Oak, Chapin, and Front Streets in Binghamton, New York. Just beyond the downtown core, these assets combine the convenience of central access with the stability of established neighborhoods. Residents are steps from Binghamton University’s Downtown Center, the SUNY bus line, and the city’s growing base of employers, retailers, and entertainment.
Each property is located within an R3 zoning district, ensuring continued use for student housing and long-term operational security. The portfolio’s scale and concentration create management efficiencies and dependable occupancy, supported by Binghamton University’s enrollment of more than 18,000 students and fewer than 7,600 on-campus beds.
With consistent rent growth, professional management in place at a 5 percent rate, and strong in-place income, the Downtown Proximity Portfolio offers investors a strategic position in one of Binghamton’s most active submarkets. Few opportunities provide this level of stability, scale, and proximity to both university and downtown growth corridors, making it a rare chance to secure lasting value in a market on the rise.