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

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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.

ATTACHMENTS

BOV _L_ (1)

PROPERTY FACTS

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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  • Listing ID: 37588020

  • Date on Market: 9/8/2025

  • Last Updated:

  • Address: Multifamily Portfolio in Binghamton, Binghamton, NY

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