22 North St
Binghamton, NY 13905
22-24 North St & 135 Murray St Lot · Multifamily Property For Sale

This multifamily investment portfolio offers the opportunity to acquire three contiguous assets in a single transaction near downtown Binghamton. The offering includes 22 North Street, 24 North Street, and the neighboring 135 Murray Street parking parcel, creating a combined residential investment with dedicated off-street parking. The portfolio contains a total of 18 apartment units across two walk-up buildings, supported by a 13-car parking lot that enhances resident convenience and operational functionality.
24 North Street consists of a 13-unit apartment building totaling 11,892 square feet. The unit mix includes four one-bedroom apartments and nine two-bedroom apartments. Ownership currently pays for gas utilities, including steam heat and domestic hot water, while tenants are responsible for electricity. The property's larger scale and established unit mix provide a substantial component of the portfolio's residential income base.
22 North Street is a 4,642-square-foot walk-up apartment building containing five units, including four one-bedroom apartments and one two-bedroom apartment. Tenants are responsible for their own electricity, heat, and hot water, providing a separate utility structure within the portfolio.
Completing the offering is 135 Murray Street, a 13-car parking lot included in the sale. The parking parcel supports the residential buildings and adds an amenity that can contribute to tenant retention and property operations. Together, the three properties provide a consolidated multifamily investment opportunity with a mix of unit configurations, complementary utility structures, and dedicated parking near Binghamton's downtown district.