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Investment Highlights

  • Three-building mixed-use portfolio in Downtown Binghamton
  • Diversified income stream from residential and commercial tenants
  • 36 total student housing beds across 74 Carroll Street and 29-31 Court Street

Executive Summary

This offering presents the opportunity to acquire three strategically located mixed-use buildings in Downtown Binghamton's most active student housing and entertainment district. The portfolio combines stable residential income, street-level commercial tenancy, and strong long-term demand drivers, creating a diversified investment opportunity in one of the region's most established rental markets.
74 Carroll Street consists of a 13,020 SF mixed-use property featuring five residential units totaling 25 student beds above commercial space. The residential units offer desirable layouts with multiple bathrooms, loft-style configurations, updated finishes, and secure coded access at both the building and unit levels. A recently executed commercial lease provides additional income stability, while off-street parking and a larger parcel size offer advantages rarely found in Downtown Binghamton.
29 and 31 Court Street are prominently positioned along one of Binghamton's most active downtown blocks, just steps from Water Street and surrounded by approximately 1,300 student beds. The properties feature ground-floor retail space with student housing above and benefit from exceptional walkability, consistent pedestrian traffic, and proximity to restaurants, nightlife, retail, and university transportation routes. Together, the portfolio offers a blend of stabilized income, strong location fundamentals, and exposure to Binghamton's growing student housing market.

Property Facts

Price $2,250,000
Price / SF $106.60 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 2
Total Building Size 21,107 SF
Total Land Area 0.84 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
74 Carroll St, Binghamton, NY 13901 Multifamily 13,020 SF 1970 $1,340,000
29 Court St, Binghamton, NY 13901 Retail 5,087 SF 1965 $1,090,000
31 Court St, Binghamton, NY 13901 Retail 3,000 SF 1965 -
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  • Listing ID: 42053272

  • Date on Market: 9/4/2026

  • Last Updated:

  • Address: 74 Carroll St and 29-31 Court St, Binghamton, NY

Contact the Sale Advisor

74 Carroll St and 29-31 Court St

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