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Multifamily Portfolio in Binghamton 4 Multifamily Properties Offered at $1,650,000 in Binghamton, NY

Investment Highlights
- 27,140 SF mid-rise building
- Prime location in Binghamton - Strong rental demand!
- Attractive investment yield potential
- Potential for 68 multifamily units - plans available
- Proximity to essential amenities and major highways
Executive Summary
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.
Property Facts
| Price | $1,650,000 | Number of Properties | 4 |
| Price / SF | $45.72 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 36,086 SF |
| Sale Type | Investment | Total Land Area | 1.25 AC |
| Status | Active |
| Price | $1,650,000 |
| Price / SF | $45.72 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 36,086 SF |
| Total Land Area | 1.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 108 Henry St, Binghamton, NY 13901 | Multifamily | 20,166 SF | 1960 | - |
| 100 Henry St, Binghamton, NY 13901 | Multifamily | 9,377 SF | 1900 | - |
| 116 Henry St, Binghamton, NY 13901 | Multifamily | 3,427 SF | 1950 | - |
| 104 Henry St, Binghamton, NY 13901 | Multifamily | 3,116 SF | 1970 | - |
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Multifamily Portfolio in Binghamton
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