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90 Henry St
Binghamton, NY 13901
90 Henry Street, Binghamton NY 13901 · Multifamily Property For Sale
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26 Units
Investment Highlights
- Strong cash-flow upside: 26 studio apartments with 85% occupancy and applications coming in.
- Prime Stadium District location: Desirable Commercial zoning in a top rental corridor for BU students, surrounded by restaurants and shops.
- Pro forma financials at full stabilization projecting a 10% cap rate at the asking price.
- Efficient, well-maintained asset: Secure building with one central boiler for ease of maintenance, offered at an exceptional $59,000 per door.
Property Facts
| No. Units | 26 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 35,000 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1960 |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 35,000 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1960 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Property Taxes
| Parcel Number | 030200-160-033-0003-006-000-0000 | Improvements Assessment | $101,700 |
| Land Assessment | $58,300 | Total Assessment | $160,000 |
Property Taxes
Parcel Number
030200-160-033-0003-006-000-0000
Land Assessment
$58,300
Improvements Assessment
$101,700
Total Assessment
$160,000
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